Cities and State Legisaltion or Ordinances about STRs
If Cities and State Legisaltion or Ordinances allow only STRs where the owner lives on property/home share, and AirBNB is the only booking platform for home share stays, couldn't there be some sort of unfair competition/antitrust challenge to the ordinances?
Does anyone have any thoughts or expertise on this? My question is really academic, as I do not have any properties in these jurisdictions. Just watching what directions STRs are going. It is my understanding that Atlantic has passed Ordininances of this kind; so it would seem to me that they are favoring AirBNB over VRBO. Considering these companies make up 90% of the market' that seems significant to me.
Thanks,
Julia Ferris