Property Rights: Short Term Rentals

Asheville, NC is considering new rules for short term rentals including:

• Fines up to $500 per night
• Move away from complaint driven enforcement and move to a full time municipl employee enforcing the short term rental rules

The goal of the short term rental rules:

• Stop out-of-state property owners from buying up homes and “jacking up already high housing costs.”

CitizenTimes