![]() “STRs represent approximately 12.5% of housing stock in Incline Village/Crystal Bay,” the county said in a presentation. In 2020, Washoe County estimated 90% of vacation rentals in the unincorporated county were in Incline Village/Crystal Bay. Some residents of Nevada’s Incline Village fear more stringent regulations in neighboring areas will drive more demand for STRs their way. “We need a time out to study this and really understand what is going on to improve our short-term rental ordinance.” ![]() “The housing issues in our community have dramatically escalated, and investments in homes for use as short-term rentals have contributed to inflating property values beyond the reach of local workers to afford,” said District 5 Supervisor Cindy Gustafson in a release. Vacation rentals account for “about 15% of the total 15,747 housing units” in the eastern part of the county, ”where the median price of a home more than doubled from $660,000 in April 2020 to $1,342,000 in April 2021,” according to the county’s website. Short-term rentals in nearby Douglas County are capped at 600, except for those also occupied by the owner.Īnd in Placer County on the California side of the lake, a 45-day moratorium imposed in July on new STRs to “address an unprecedented and growing housing crisis in the region” has been extended to March 2022, citing a “current and immediate threat to the public health, safety, and welfare associated with proliferation of STRs.”īy late July, Placer County had approved 2,383 STR units for the year. ![]() The California city allows short-term rentals (STRs) only in designated tourist areas. ![]() You can’t rent a vacation home in residential areas of South Lake Tahoe.
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