Posted on 07/13/2016 7:49:38 PM PDT by lqcincinnatus
But after losing his job, he wondered if they were going to be able to afford their condo.
So he started looking into using his house as a short-term rental.
Zaatari applied for a Type 2 license, which is for residential rentals the owner doesn’t claim as his or her main dwelling, or homestead, according to city regulations.
In November 2015, the Austin City Council placed a temporary moratorium on new licenses for Type 2 short-term rentals. In February, the City Council voted 9-2 to amend the law and implement new regulations for those rentals, including a ban on them by 2022.
(Excerpt) Read more at dailysignal.com ...
The council members own large interests in rentals. This is simply criminals protecting their own turf.
I wonder who bought off the councilmen.
I wonder how much money the pols get from the hotel industry.
Austin is a classic example of how Liberal leaders love to control things.
They have also banned Uber.
This is a city with a huge population of young Liberals that love their technology and really want Uber.
God help someone if they lose a job or can’t find one in this crashing economy.
They’ll find lots of unsympathetic folks.
After all, the economy is just fine. Ask Obama.
Short term rentals can be a problem. Renters go wild, leave litter & bottles, urinate, vandalize, and steal.
Just to be accurate, Austin didn’t “ban” Uber. They passed a finger-print requirement and Uber pulled out of Austin. I have no love for Austin (lived there for 15 years) but I do love the truth.
They have also banned Uber.
And surprise, surprise, the number of drunk driving accidents in Austin is now up.
“This is a city with a huge population of young Liberals that love their technology and really want Uber.”
The City of Austin did not ban Uber.
The city council did place regulations on Uber, and there was a referendum election to overturn those regulations.
When they counted the votes, 56% of those Austin liberals voted to keep the regulations in place.
“Just to be accurate, Austin didn’t “ban” Uber. They passed a finger-print requirement and Uber pulled out of Austin. I have no love for Austin (lived there for 15 years) but I do love the truth.”
The finger printing is the public hook.
One of the big issues was data sharing. Uber wants to sell its data. Austin wanted the data for free.
Read the small print. most Condos won’t allow sub-letting.
A condo is NEVER your own property.
Many people buy cheaper condos to rent out.
Sub-letting is renting out something you are renting, which is not an accurate description of what was happening here. A condo is definitely your property within the written and agreed to terms on purchase. If these terms were not clearly agreed to before the purchase, and Austin Inc. uses legal chicanery to steal profitable use of the property they should be sued.
My mom lived in a condo and when she remarried, tried to sell it during the Obama Depression.
When she found the value had declined to well below what she bought it for, she decided to rent it out.
The Bylaws stated that only four of the 80+ units could be rentals. That was a great idea in the late ‘80’s when the bylaws were written.
Since then, the average age of the owners was far older, even elderly and the economy shrank. So, if an older tenant died, their heirs were faced with offloading an asset below market value, moving into it or leaving it empty to rot.
The mental midgets on the board (She was impeached from the board for her malfeasance) couldn’t get it through their skulls that an empty building deteriorates quickly and that people who owned homes weren’t interested in moving into Mom’s 2 bedroom condo.
So, they sued her.
She ended up offloading the place.
Insane, petty, small minded communist wannabees on the board.
The Takoma Park of Texas.
Thanks for clearing that up for me.
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