Quote:
Originally Posted by Bill14564
Perhaps not
Where has any two or three bedroom house been torn down and replaced by a multi-unit facility with a front desk? You can name it a hotel to try to make your point but that doesn't change reality. It is still a single family home with the normal number of persons residing in it.
Folks should not make assumptions, folks should make themselves aware of laws and covenants and what rights they and their neighbors have. This discussion seems to be about buyer's remorse and a desire to take away neighbor's rights to quell that remorse.
STRs are currently situated exactly where they belong.
Demanding legislation that will result in vacant homes, an increase in homes on the market, the loss of property rights, increased restrictions and higher taxes just doesn't sound like a path to increased home values.
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To ALL here in this thread: One need only look to the City of St Augustine to see how an EQUITABLE system of STRs can work for everyone: owners, neighbors, and municipalities alike. We had a rental house there. We know. We opted for long-term vs the “revolving door” model due to the parking requirements: one EXTERIOR space per bedroom. Home values there have not suffered in the least. That would put an end to most short-term three bedroom rentals in TV. Right now there are ZERO protections in Sumter county.