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- Ocean City extends short-term rental license moratorium - WBOC TV
Ocean City extends short-term rental license moratorium - WBOC TV
Summary
Ocean City has extended its moratorium on issuing short-term rental licenses. This means potential new hosts may face delays or be unable to start an STR business in Ocean City. Hosts already operating there should stay informed about any related local regulation changes.
Key Insights
- •Ocean City extended its short-term rental license moratorium.
Action Items
- ✓Check local regulations in Ocean City to understand the impact of the moratorium on your business or potential investment.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay informed about local regulatory changes, such as moratorium extensions, could lead to unexpected business interruptions or inability to legally operate an STR.
More from Regulations & Compliance
The Green Bay City Council is set to vote on new short-term rental rules, which will likely impact local hosts. Details about the specific regulations are not yet known, but hosts should prepare to understand and adapt to the changes. Stay informed about the upcoming vote.
This article discusses the need for housebuilding to address temporary accommodation challenges. It argues that short-term solutions are not enough and should be supported by building more houses. This highlights the ongoing debate about housing affordability and its relationship to the STR market.
Hawaii's hotel industry and the governor are seeking to eliminate 30,000 vacation rentals. This move reflects ongoing tension between traditional hotels and the rapidly expanding short-term rental market. The potential reduction could reshape Hawaii's tourism landscape and affect rental income for hosts, alongside a shift in tourism economics.
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