New Orleans City Council placed a year-long moratorium on new commercial short-term rental (STR) permits in certain historic, mixed-use zones, a move aimed at stemming investors from scooping up properties as the city overhauls its rules governing rentals in residential areas. The moratorium goes into effect immediately. Historically, commercial short-term rentals have been allowed in these areas, which typically have a mix of homes and businesses. There’s already a ban on new residential short-term rental permits citywide, as the city council prepares to pass new laws governing STRs in residential areas before the end of March.
WWNO 89.9 (New Orleans) (03/09/23) Carly Berlin