SHORT TERM RENTALS!
Thursday Feb 03rd, 2022
THE PETERBOROUGH EXAMINER
Peterborough County townships continue to grapple with short-term cottage rentals - and what to do about their “polarizing” effects on lakeside communities.
“The public consultation process has reiterated that this subject and the proposed licensing program are very polarizing,” states a staff report presented to Trent Lakes council summarizing the results of a November citizens’ survey and public meeting on the topic at its Tuesday regular meeting.
In the public responses, many people think short-term rentals should be outright banned, said the report. Overall, 64% survey respondents felt they should be regulated and 59% supported the township’s proposed licensing program.
The conundrum, shared by a number of county townships with waterfront properties, is how to balance the recent explosive growth in the home-sharing economy - which provides revenue to owners to offset tax, mortgage and maintenance costs - with neighbours’ concerns about disruptive behaviour.
Noise, late-night partying, overcrowded properties, unsafe campfires and fireworks are among the complaints often raised by long-term residents living near short-term rental properties.
Seasonal residents make up 63% of the township and about 74% of residential dwellings are waterfront properties, according to the report.