AFTER CONTENTIOUS months of debate, Nantucket voters at town meeting Monday night passed basic regulations for short-term rentals, but declined to take any action on dueling proposals that would have either dramatically curtailed who can offer short-term rentals or largely given the green light for them across the island. “The best way to think […]
short-term rentals
Posted inEconomy
Short-term rental battle riles Nantucket
THE REAL ESTATE listing for the four-bedroom home on Nantucket portrays an idyllic setting for a summer vacation, a mile from the beach. There’s a deck overlooking a large yard; a light-filled, newly renovated, living area; and a second floor comprised solely of the master suite and balcony. The price tag: $11,000 a week in […]
Posted inEconomy
City council puts restraints on Airbnb
THE BOSTON CITY COUNCIL overwhelmingly approved tough new restrictions on short-term rentals offered by companies such as Airbnb and HomeAway, eliminating investor-owned units from the marketplace while allowing owner-occupied, two- and three-family homeowners to rent out some of their units year-round. The council on Wednesday made some minor adjustments to a proposal by Mayor Marty […]