Updated about 4 years ago on . Most recent reply
Chicago Granny Flats | ADU Ordinances | Update on Restrictions
Leave it to Chicago to make things even more difficult! Man, I don't see how the city should have ANY right to decide whom I rent MY unit out to in MY own home. We're not talking about a condo unit. Nope, a single family home that I own and decide to build a coach house on the lot. Yet I cannot rent it out on Airbnb or other rental sites? WHYYYYYY CHICAGO?! How is this even OK? https://www.illinoispolicy.org...
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John Clark
#2 Out of State Investing Contributor
#2 Out of State Investing Contributor
Externalities. Your neighbors didn't sign up to live next to a hotel, they expect either another homeowner or a long-term renter. The increased traffic and rowdy behavior of vacationers and other short-term transients imposes costs (direct, indirect, and quality of life) on your neighbors.
That's WHYYYYYY.
That's WHYYYYYY.