View Single Post
Old 03-09-2023, 09:37 PM   #28
Heaven
Senior Member
 
Join Date: Jul 2006
Posts: 516
Thanks: 126
Thanked 94 Times in 66 Posts
Default

Quote:
Originally Posted by TiltonBB View Post
That may be true in some situations but many people have different circumstances.

In some cases as people get older and retire their income is no longer what it was when they were working. They have a family home on the lake that has been enjoyed for generations but with the reality of rising maintenance costs and property taxes it has become difficult to stay ahead financially.

Maybe a health situation for them or a family member has drained them financially but they want to try to keep that home they have long planned to retire in and pass it on to the next generation.

I would not be that quick to tell people to sell their homes. I find that the longer people have been on the lake the more respect they have for it. Families that have been on the lake for decades train the next generation about boating rules and etiquette.

If a little rental income helps them maintain possession of their home I think that is a good thing. There are laws in place regarding noise, parking Etc. I would have no problem calling the police if a neighboring property became a nuisance.
Yes, but those people should look to a longer term rental instead of short term. Most STR regulations are for those properties rented for less than a month. And maybe "the next generation" can help finance the home they will be inheriting. There certainly is a place and time for short term rentals, and regulations are a positive to the issue.
Heaven is offline   Reply With Quote