Ducey says law deregulating short-term rentals didn't quite work out as planned
Gov. Doug Ducey wants to take a new look at legislation he signed three years ago that pretty much stripped cities of their ability to regulate vacation rentals.
He said Thursday he still believes in the rights of individuals to be able to rent out rooms in their homes — and their whole homes for special events like the Phoenix Open — to earn extra money. But Ducey conceded that the 2016 law may be used in ways that were not intended and have been “disruptive.”
That may include the practice of real estate speculators buying up homes in neighborhoods for the sole purpose of turning them into short-term rentals, he said.
The comments come on the heels of complaints from some communities, particularly tourist destinations, where much residential rental stock has been turned into short-term rentals, reducing the supply of affordable housing.
Read more: https://tucson.com/news/local/ducey-says-law-deregulating-short-term-rentals-didn-t-quite/article_7cac5fbd-a0e5-533c-9450-f73f8001f0a3.html
= new reply since forum marked as read
