The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement.
Arthur said while Ohio cities haven’t placed any permanent moratorium on the rentals, the bill is a means to be proactive. In an interview, she said the intent of the bill is to bring parity between long-term rentals like apartments and short-term rentals like Airbnbs. The bill comes in response to the rise in companies like Airbnb, which serves as an alternative to traditional hotels by allowing people to rent out all or part of their homes to others on the platform. The company hosted more than 1 billion guests into 100,000 cities since launching in 2008, according to the company. It made nearly $6 billion in revenue in 2021, according to its financial statements.
North Royalton only allows hosts to rent out their properties for 14 days of the year so long as they use them as their primary residences the other 351.
Arizona passed a similar STR preemption law in 2016 & it’s caused nothing but problems ever since. Rather than repeating AZ’s mistake, Ohio’s elected leaders would be wise to let this bill die.
So how does the fact the rep who introduced the bill to limit local control of airbnbs runs an airbnb get buried in the last paragraph? L