At a marathon meeting that stretched early into Wednesday morning, Austin’s Planning Commission recommended new regulations for short-term rentals – properties that homeowners offer for rent on sites like HomeAway and VRBO.com.
Short-term rentals are increasingly popular over events like South by Southwest and the Austin City Limits Music Festival, with Austin visitors choosing to rent area homes instead of staying in hotels. But the growth in short-term rentals hasn’t been applauded by all.
Those pushing to regulate short-term rentals argue they can be detrimental to neighborhoods, and have considered regulating them as commercial rather than residential properties. Homeowners that rent out their homes and companies that depend on their business – like Austin-based HomeAway – argue too much regulation will drive the market underground, giving aggrieved neighbors even less options for dealing with bad actors.