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City Council Plans To Restrict Short-Term Rentals, But How?

Bad news for team Short Term Rental, as City Council has just voted unanimously in favor of tightening restrictions on unlicensed short-term rentals. Per Stacy Head: "We got to put together a way to regulate, at times restrict, and harness the dollars from them. This is the first step."

The council will start by defining exactly what transient vacation rentals are, according to city code. This will make it clear, The Advocate reports, "that anyone renting out a dwelling for less than 30 days at a time— 60 days in the French Quarter— is breaking the law unless they run a licensed hotel, motel or bed-and-breakfast."
Sounds like crackdown time is on the horizon. The entiredebate about how to deal with these unlicensed rentals is now coming to a head, so stay tuned for pressing updates. This may very well be heading for saga-status a la AirBNB vs. NYC. What do y'all think?

· New Orleans City Council tightens short-term rental restrictions[Gambit]
· New Orleans Moves to Tamp Down Short Term Rentals [Advocate]
· All AirBNB [-CNOLA-]