Is the Palm Springs Real Estate Party Over? Cap on Short-Term Rentals Could Return Region to Its Hideaway Roots
Briefly

from SFGATE1 month ago
In December 2022, the Palm Springs City Council enacted a new law that caps the number of homes that can be used as short-term rental (STR) properties in a neighborhood.
SFGATEhttps://www.sfgate.com/realestate/article/is-the-palm-springs-real-estate-party-over-cap-19193274.php
"I think it will probably just taper back to a more relatively normal vacation rental market," says Troy Kudlac, founder and president of KUD Properties.
SFGATEhttps://www.sfgate.com/realestate/article/is-the-palm-springs-real-estate-party-over-cap-19193274.php
Read at SFGATE
#palm-springs #short-term-rentals #regulations #homeownership #affordability
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