Part 3/11:
At its core, Bill 9 targets the reduction of short-term vacation rentals (STVRs) in apartment-zoned areas, fundamentally altering the rights of property owners. Importantly, this legislation does not target illegal rentals but instead aims to eliminate many legally operating units—those built and operated within existing legal frameworks. The bill’s proponents argue that removing vacation rentals will convert these units into affordable long-term rentals, theoretically easing the housing shortage.
However, criticisms arise over the policy’s soundness. The real question is whether these units will indeed become long-term housing, and evidence suggests otherwise.