Council removes STR residency requirement in MC zones - TheMountainMail.com
Summary
A local council has eliminated the residency requirement for short-term rentals within MC zones, which could potentially open up opportunities for non-resident investors to operate STRs. This regulatory change follows recent trends of loosening restrictions in some areas and might signify a shift in local policies regarding STRs. The impact is a potential increase in rental availability and shifts in the local housing market.
Key Insights
- •The council removed the residency requirement for STRs in MC zones.
Action Items
- ✓Hosts should review local ordinances regarding STRs, especially those in MC zones, to understand how this change affects their eligibility and operations.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay up-to-date with local regulations changes could result in non-compliance and penalties.
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