{"id":581,"date":"2016-06-24T18:38:00","date_gmt":"2016-06-24T18:38:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/2016\/06\/24\/property-rights-sharing-economy-interim-trend-local-short-term-rental-rules-from-the-midwest\/"},"modified":"2016-06-24T18:38:00","modified_gmt":"2016-06-24T18:38:00","slug":"property-rights-sharing-economy-interim-trend-local-short-term-rental-rules-from-the-midwest","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/property-rights-sharing-economy-interim-trend-local-short-term-rental-rules-from-the-midwest\/","title":{"rendered":"Property Rights. Sharing Economy. INTERIM. TREND. Local Short Term Rental Rules from the Midwest."},"content":{"rendered":"<p><strong>Which city passed new short term rental rules?<\/strong>\u00a0Chicago<\/p>\n<p><strong>What was said the councilmembers?<\/strong>\u00a0<\/p>\n<ul>\n<li>This is about a new economy.<\/li>\n<li>Chicago is racing to keep up with new economic drivers.<\/li>\n<li>&#8220;This is the &#8216;Jetsons.&#8217; We&#8217;re not going back to the &#8216;Flintstones,'&#8221;- Alderman Moreno<\/li>\n<\/ul>\n<p><strong>How are the new regulations described?<\/strong>\u00a0&#8220;Dizzyingly complex&#8221;<\/p>\n<p><strong>What are 5 regulatory highlights?<\/strong><\/p>\n<ul>\n<li>Different types of residences are regulated differently\n<ul>\n<li>a building with 5 residences, only 1 can be used for short term rental at a time<\/li>\n<li>larger buildings are capped at 6 or 25% of the units, whichever is smaller<\/li>\n<\/ul>\n<\/li>\n<li>Precinct by precinct initiative and referendum permited to allow an alderman to amend the local code for the precinct\n<ul>\n<li>local areas can choose to either:\n<ul>\n<li>outlaw new listings<\/li>\n<li>allow new listings\u00a0only in the &#8220;primary residences&#8221;\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li>4% tax to fund homeless services<\/li>\n<li>$60 ad fee for each online posting of a short term rental<\/li>\n<li>$10,000 local license for the short term rental hosting service<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.chicagotribune.com\/news\/local\/politics\/ct-chicago-city-council-airbnb-rules-met-20160622-story.html\">Chicago Tribune |\u00a0Airbnb rules easily pass Chicago City Council despite vocal opposition<\/a><\/p>\n<p>\u00a0<\/p>\n<ul>\n<li>\u00a0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><strong>Which city passed new short term rental rules?<\/strong>\u00a0Chicago<\/p>\n<p><strong>What was said the councilmembers?<\/strong>\u00a0<\/p>\n<ul>\n<li>This is about a new economy.<\/li>\n<li>Chicago is racing to keep up with new economic drivers.<\/li>\n<li>&#8220;This is the &#8216;Jetsons.&#8217; We&#8217;re not going back to the &#8216;Flintstones,'&#8221;- Alderman Moreno<\/li>\n<\/ul>\n<p><strong>How are the new regulations described?<\/strong>\u00a0&#8220;Dizzyingly complex&#8221;<\/p>\n<p><strong>What are 5 regulatory highlights?<\/strong><\/p>\n<ul>\n<li>Different types of residences are regulated differently\n<ul>\n<li>a building with 5 residences, only 1 can be used for short term rental at a&#8230;<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,5,37,2,52],"tags":[],"class_list":["post-581","post","type-post","status-publish","format-standard","hentry","category-2017-legislative-issues","category-land-use","category-local-government-trend","category-private-property-rights","category-sharing-economy","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=581"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/581\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}