VRMA Administrator
Dozens of short-term rental owners attended a Special Planning and Public Safety Committee meeting in Lexington, Kentucky, to voice their concerns about proposed zoning and code ordinances, with many expressing anxiety that their business could end. One ordinance under consideration would require owners to obtain special licenses and pay a transient room tax, while another would restrict where owners could have rentals and require conditional use permits in many cases. Kentucky Life Property Management Group co-owner Health Green said many people coming to Lexington prefer short-term rentals over hotels or long-term living. "Our clients are able to re-invest back into our local economy due to such proceeds before the holidays. And guests who drove sales at local restaurants, bars, retail shops, and other businesses," he explained. Most rental owners at the meeting said they and their employees depend on the extra income earned from rentals. No vote on the ordinances will be taken at present.
WKYT News (Ky.) (11/29/22) Grason Passmore
