Insight
Cities are capping short-term rentals (STRs) like Airbnbs to address housing availability issues.
Kennett Square is capping Airbnbs and other short-term rentals to address housing availability
Summary
Kennett Square is implementing caps on short-term rentals like Airbnbs to address a shortage in available housing. This regulatory change highlights the growing tension between STRs and local housing availability concerns. Hosts in similar markets should monitor local ordinances.
Key takeaway