New Orleans is once again attempting to crack down on the city's influx of Airbnb-style short-term rentals by adopting new regulations limiting owners to one property per block.
Supporters of the regulations say the influx of vacation rentals, typically driven by outside investors and absentee owners, inflate property costs and taxes for residents. They also believe short-term rentals cater to partiers and have changed the atmosphere of the "once quiet and charming areas."
"It's become a playground for tourists and for those wealthy investors," he said. "We're becoming a smaller, whiter tourist resort. Less like the city I grew up in with every passing year." The old regulation limited short-term rental licenses to the license-holder's primary residence – a residence for which they claim a Louisiana homestead property tax exemption, according to The AP, which eliminated out-of-state property owners.
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