The “sharing” economy is growing rapidly, with services like Uber and Airbnb becoming more mainstream. This is all well and good, but with such quick growth, there are bound to be risks and unanticipated side effects.
It makes sense that someone who owns a condominium at Park City should be able to post and manage the vacation rental on Airbnb.
Sounds great…when it’s not in my backyard. How would I feel about my next door neighbor renting out one or more rooms in her house? Would I want vacation renters coming and going in my residential neighborhood on a nightly or weekly basis? Should my neighbor have the right to use her home however she wishes?
Utah House Bill 409
Utah House Bill 409, sponsored by Representative John Knotwell, would place a one-year moratorium on the creation or change of a city’s land use ordinance relative to short-term rentals. This allows cities that currently regulate or ban the practice to continue to do so, but puts a “pause” on others doing the same. Should municipalities be allowed to designate areas where such rentals are not allowed or is it a violation of private property rights?
This blog contains more questions than answers. Please share your opinion in the comment section below.