fromSFGATE
3 days agoShort-Term Rental Chaos and the Rise of 'Underground' Listings: 5 Key Takeaways
The surge in short-term rentals is altering the landscape of quiet neighborhoods, causing disruptions and raising concerns among long-term residents. Local governments, such as the town of Wells, ME, are grappling with the challenge of balancing the economic benefits of tourism with preserving the character and tranquility of residential areas affected by STRs. Maine's approach to regulating STRs primarily occurs at the local level, with varying requirements such as annual permits, adherence to safety standards, and zoning restrictions in different municipalities.
Real estate