Recently, the village of Lake Placid and the town of North Elba have proposed new short-term Vacation Rental laws. These laws would make it much more challenging for short-term vacation rentals to thrive. I published an op-ed in the Adirondack Daily Enterprise about our own concerns as homeowners about the Lake Placid community.
I suggest that Lake Placid and North Elba research the root of our towns’ affordable housing shortage to come up with the best remedy for it. These affordable housing problems predate Airbnb and VRBO, and short term rentals contribute greatly to Lake Placid’s tourism economy.
I also suggest that any income received from occupancy taxes, etc. from vacation rentals be reinvested back into the community. We should invest in its people, infrastructure, schools and give back to make Lake Placid the best that it can be.
Check out the full article here!
