The state of the STR industry with Rent Responsibly (Ep 614)
Summary
This podcast episode with Dave Krause of Rent Responsibly discusses the evolving landscape of STR regulations and the importance of host involvement in shaping them. It highlights that regulations are shifting towards density limits and other measures beyond initial concerns like noise, and that hosts should get involved in local groups to advocate for fair regulations.
Key Insights
- •The number of cities addressing short-term rental regulations increased 45 times from 2019 to 2022.
- •The primary concerns for cities regarding short-term rentals have shifted from party houses and noise to housing and housing policy issues and limiting proliferation.
Action Items
- ✓Hosts should get involved in local short-term rental groups to advocate for fair and balanced regulations in their communities.Effort: mediumImpact: high
Tools & Resources
- →Rent Responsibly: Rent Responsibly is a community building and education platform for short-term rental owners, operators, and other industry stakeholders.
Watch Out For
- ⚠Failing to get involved in the conversation around local regulations could lead to unfavorable restrictions that hinder the ability to thrive.
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