The compromise being proposed by STR proponents is no compromise at all. This new language seeks to expand the Temporary STR permit to 120 days a year (instead of 30) and omits the Homestead Exemption requirement. It’s a disingenuous effort by STR supporters to circumvent the City Planning Commission and the public process. Essentially, it allows Whole Home STRs with less regulation.
To be clear, the ordinance without this new, so called compromise language accomplishes what many individuals sought, the ability to rent part of your home to pay your mortgage. The omission of the Homestead Exemption requirement allows our housing market to be overrun by out of state investors snatching up housing stock.
Consider this: AirBNB began in San Francisco years ago as new, wondrous, disruptive industry that was supposed to add to that city’s diversity and innovation. AirBNB’s has run roughshod over all rules, laws and efforts to protect San Francisco residents. Housing stock is short, rents are high, and it is now a city overrun with tourists rather than residents. San Francisco has battled, repeatedly, to put the genie back in the bottle and failed. Even now, AirBNB sues to block, or ignores, any attempt to make them accountable for their actions.
For once, as a city and state, let’s not ignore the history or facts. We in New Orleans should learn from San Francisco’s mistakes. Giving STRs the keys to our city, and our neighborhoods, will lead to the rest of us being evicted.
Wednesday, October 19, 2016
J.P. Morrell writes in to the Advocate