Posts Tagged ‘short-term rentals’

Monday, August 7, 2023

Taking Stock of Housing: A complicated relationship with STRs

STRs graphic

After talking with multiple people representing multiple sides of the short-term rental issue, it starts to become apparent that at least part of the problem is the phrase “short-term rental” itself.

While it can’t be said that no two STRs are alike, from a legal standpoint, “short-term-rental” is an inconveniently broad net that includes the elderly widow who is renting out a room of her home to quiet guests in order to pay the taxes, to what are basically small hotels run by LLCs filled with boisterous vacationers intent on partying. And everything in between.

Local STR ordinances try to differentiate between “good” STRs and “bad” STRs, discouraging them on one hand while not doing too much to damage their admitted economic benefits on the other.

» Continue Reading.

Friday, November 18, 2022

STRs: Some food for thought


By Steve Hoepfl 

I came to the (Webb) town board in 2018 after seeing a news story and interview with a local resident of Cooperstown on the STR law they passed. In the interview they said it was a good law that it would help keep their community a place where people could and wanted to live. Since then we have had several residents served eviction notices so properties could be used as STR and locals are being out bid by as much as $70,000 for a house and when the new owner takes it over they turn it into a STR. So that covers the could part of the interview and the want part is also coming about. I have talked with many people that are rethinking their plans on retiring and staying in Old Forge and one person is to the point that they put road cones on the property line when the houses next to them are rented.

Because they are tired of the guests parking in his yard.

» Continue Reading.

Thursday, October 28, 2021

We’ve hit the ceiling on short-term rentals

housingBy Mary Brophy-Moore

I find myself frustrated by the ballooning trend in the Adirondacks, including the Town of Webb, whereby local family homes in once stable neighborhoods are being bought up by out of towners looking to make a killing on short term rentals.

As a resident since 1986, I’ve watched the housing market move steadily upward in terms of new builds and values. In the early 2000’s, especially after 9-11, there was a strong uptick in neighborhood homes being bought by down-staters presumably to have a place to escape the cities and feel safe. That created “dark” spots in previously year-round neighborhoods. But locals at least knew who their neighbors were even if their presence was sporadic. A direct result of the demand was a significant increase in property values that led to the current housing crisis in which locals are unable to afford homes of their own and fewer quality long-term rental units are available. 

» Continue Reading.

Wait! Before you go:

Catch up on all your Adirondack
news, delivered weekly to your inbox