At least 65% of registered short-term rentals in Dallas will be banned, according to a cross-analysis of the current city listings and the zoning areas where...
“I thought there would be some sort of grandfathering or there would be some sort of carve out for owner-occupied,” Veazey said. “That’s really the key distinction here that the City Council totally failed, a total dereliction of their diligence. They didn’t have the courage, intelligence or compassion to deeply understand the problem.”The document also shows that 50 STR addresses lease between two and 10 units in the same complex or building.
He said before the ordinance, “...you could argue there were many Airbnb or short-term rentals in Dallas that were breaking the zoning laws, even if they registered to pay the tax,” he said. McGehee said most of his properties are located in commercial and multifamily areas, but he is still looking into how the ordinance will affect the company’s Dallas portfolio.
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