Monday, January 09, 2017 11:00 AM

NASHVILLE TO CONSIDER MORATORIUM ON INVESTOR-OWNED AIRBNB HOMES

The stage is set for perhaps Nashville’s most contentious battle yet over Airbnb as the Metro Council prepares to consider a moratorium to stop the popular shot-term rental service from growing further.

Two council members, Sheri Weiner and Burkley Allen, say they will propose a moratorium on issuing new city permits for non-owner-occupied short-term rental properties. That is the designation when property-owners, often investors, rent out a residential home to travelers through companies such as Airbnb or VRBO but do not live at the property.

The temporary prohibition —  which would apply to both non-owner-occupied residences that are single-family homes or part of multifamily developments — would not stop owners who already have the permits. Nor would it halt the practice of short-term renting by an Airbnb host who lives in the dwelling where guests also stay.

The proposal would be Nashville’s most aggressive action taken to limit Airbnb, which has drawn strong criticism from neighborhood activists who complain short-term renting has turned residential homes into loud disruptive party hotels occupied by travelers.

 

Weiner and Allen outlined their proposal in a letter to council members Friday, calling for the moratorium “while we work to come up with well-researched and thought-out ways” to address concerns ...

News source: http://www.tennessean.com/story/news/local/2017/01/08/nashville-consider-moratorium-investor-owned-airbnb-homes/96199732/

See also: Trauger