The city’s new policies place a 12.5% cap on how many of an apartment building’s total units can be permitted for short-term rental, down from the previous 25%. It also prohibits new short-term rental permits for units that are in incentive-receiving properties and not occupied by a long-term resident. And it requires short-term rentals to be re-registered whenever properties’ ownership changes hands.
Nice, yeah I’ve been thinking of buying a condo down in the crossroads, but if you look at that map, that’s where developers are abusing the airbnb the most.
I just hope this leads to more residents in the city, so we can continue developing our public transit system back to where it was over a hundred years ago.
Yeah, I looked at a few there, but it was too close to my physical work place for my taste. I need a small physical barrier or I’ll feel like I’m always at work, and I lucked out and found a great place on the Plaza instead.