The Indy – Letter to the Editor: Short-Term Rentals Impact Property Value

August 5, 2016
On Aug. 9, our City Council will consider the sub-committee’s short term lodging (STL) ordinance as an alternative to the unanimously passed Planning Commission draft ordinance. While the Commission’s proposal allows STL in non-residential zones, the sub-committee’s proposal would also allow it in residential zones for up to 14 days a year. There are other differences, but permitting STL in residential neighborhoods is the issue most distressing to Laguna residents. Laguna residents don’t want to intrude on our neighbors. We are basically considerate and we are willing to compromise so all may benefit. But plant a tree obscuring ocean views and though it may benefit you, expect your neighbors’ screams because you’ve harmed their enjoyment and the values of their homes. In the same way, the sub-committee’s proposal would allow one person to enrich himself at his neighbors’ much greater expense. This is not compromise. This is abuse. I respectfully request before any Council member votes to allow STL in residential neighborhoods, first please explain to us why you would abet such abuse. Tom Halliday, Laguna Beach…
Source: https://www.lagunabeachindy.com/short-term-rentals-impact-property-value/