EXCLUSIVE: Report warns about costly regulations’ impact on short-term rentals

(The Center Square) – A new report shines a light on local governments that have burdensome and costly regulations for short-term rentals. They’re in states varying from California and Nevada to Illinois and New York.

A short-term rental is anything rented for less than 30 days. Airbnb and VRBO are among the most common options.Researchers at Open the Books looked at local governments that either don’t allow homeowners to rent their properties for short-term rentals or make it expensive and burdensome.John Hart, CEO of Open the Books (a nonprofit transparency project based in The Villages, Fla.), said it is a problem for many people, especially younger generations of Americans.“Younger generations are feeling increasingly priced out of the American dream, but local governments have gone out of their way to put another thumb on the wrong side of the scale,” Hart told The Center Square during an exclusive interview Thursday...