Land Use & Property Rights
Where: Portland
What is the ballot proposition: Limit short term rentals to properties in which owners live
An Act to Restrict Short Term Rentals (STRs) in Portland will restrict all mainland STRs to only those that are owner-occupied. It increases the annual fee for all STR’s to $1,000 for each mainland STR and $400 for each island STR. The initiative also increases penalties for violations, requires the Department of Permitting and Inspections to maintain a log of complaints against STRs, and allows the city to revoke STR licenses for any violations.
The argument for it: The influx of out of state conglomerates buying up property for short term rental negatively impacts housing affordability
The argument against it? Its not out of state conglomerates, it is your next door neighbor you’re impacting
WGME | Portland ballot question would restrict short term rentals, raise fees
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