Posh Long Island Enclave Declares WAR on Influencers: Airbnbs CRUSHED!
A ritzy Long Island town, Southold, is proposing to drastically limit short-term rentals to just 1% of homes, an 80% drop, due to complaints about 'insufferable influencers,' loud parties, overflowing trash, and the exacerbation of a local housing crisis. The move, if passed, would award permits via a lottery and require strict new regulations, impacting a $27.5 million market.