Folly Beach Town Council will take a long look at short-term rental cap this year - Post and Courier
Summary
Folly Beach Town Council plans to re-evaluate its short-term rental cap this year, impacting local hosts. This follows similar discussions in numerous areas and indicates growing concern over the impact of short-term rentals on housing availability. Hosts should stay informed about potential regulatory changes.
Key Insights
- •Folly Beach Town Council will take a long look at short-term rental cap this year.
Action Items
- ✓Consider reviewing and understanding the current local regulations.Effort: lowImpact: medium
- ✓Hosts should monitor local government meetings and news outlets for updates on potential STR regulation changes.Effort: lowImpact: medium
Common Mistakes
- ⚠Hosts who fail to comply with any new regulations could face fines or restrictions on their STR operations.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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