Article regarding illegal short-term rentals

This topic has come up several times in this forum. If you%26#39;re interested in reading more:

neworleanscitybusiness.com/uptotheminute.cfm鈥?/a>

Article regarding illegal short-term rentals

I see Capitalism is alive and well in New Orleans, as it is in Napa! The main issue is the city wants their cut! Fair enough, make it legal and get the 12% to the city. Then everyone is happy.

Article regarding illegal short-term rentals

Goes well beyond capitalism. The city has a strong interest in maintaining a residential base in the French Quarter and in historic neighborhoods throughout the city. Would tourists want to visit the FQ if was simply full of other tourists?

Also, there%26#39;s the safety angle. Unlicensed properties are not properly insured, usually don%26#39;t meet fire code, etc. and don%26#39;t pay taxes to the city. This is not only unfair to hotels but also to the city%26#39;s treasury!

I%26#39;d love to rent out my French Quarter slave quarters now that my kids are old enough to be living elsewhere, but I won%26#39;t.

PLENTY of great hotels, B%26amp;Bs, timeshares and motels in New Orleans. Pick one of those instead.

And they may do this in New Orleans as well, but here in Charleston a homeowner can create an ';easement'; on his home or property that prevents any subdivision or significant changes to the home or property ';into perpetuity'; (or whatever the terms of the easement allow). This would of course limit the use of these properties for b%26amp;b%26#39;s or for ';condo'; units (though some people have done this with very tight restrictions) historiccharleston.org/preservation/how_cove鈥?/a> For many people, this is viewed (as it should be!) as a PLUS when selling a home as hopefully homeowners who buy a beautiful Charleston historic mansion or home would want to keep it in tip top ';museum'; condition. Obviously this has worked well in this city since rumor has it we have the highest concentration of historic homes and buildings in the country. I volunteer for the Historic and Preservation Societies and have been in homes built in the 1600%26#39;s and 1700%26#39;s and will say that these homeowners are generally people who adore and treasure history!