Wednesday, June 21, 2017

All hail the enforcement regime

We are given to believe this constitutes a "hammer" drop.

New Orleans brought the hammer down on a handful of short-term rental owners in the French Quarter on Wednesday, levying the maximum fines against owners of half a dozen properties accused of breaking the new regulations.

In all, seven property owners who were found to be listing their properties on Airbnb, VRBO and similar sites are now facing a total of $17,000 in fines after an adjudication hearing Wednesday morning.
Big haul, there. City budget problems solved forever, I guess. Individually,  the most any one operator is hit for here was $3,000. For individual property owners that might be a lot. But if you are a bigger player than that, and a lot of these STRs are owned by bigger players, that might just be a minor cost of doing business.

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