Insight
Local governments may implement moratoriums on new short-term rental licenses to assess impacts on housing, infrastructure, or community character.
Folly Beach City Council passes a 6-month moratorium on new short-term rental licenses
Summary
Folly Beach, SC, has implemented a 6-month moratorium on new short-term rental licenses. This regulatory action impacts potential new hosts and may influence existing operators by temporarily freezing market growth.
Key takeaway