Nantucket voters reject proposal to limit short-term rentals
NANTUCKET, Mass. (AP) – Voters in Nantucket on Saturday rejected a proposal to limit short-term rentals on the famous vacation island, opponents of the measure said.
The Alliance to Protect Nantucket’s Economy said the measure was rejected by 625 votes to 297 at the Town of Nantucket’s annual meeting, held outside the island’s elementary school .
ACK NOW, the group that proposed the limits, did not respond to an email seeking comment.
The group has sought to prevent homeowners who do not live on the island all year round from renting their homes more than 45 nights a year, reports the Boston Globe.
The proposal would also have made the minimum stay for short-term rental on the island at least 7 consecutive days and limited rentals to two people per room and one car, according to WBZ Radio.
ACK NOW argued that the proliferation of short-term rentals is limiting the amount of affordable housing available on the small island off Cape Cod, favored by wealthy vacationers.
Opponents, including landowners, business owners and real estate professionals, touted a UMass study suggesting that limits on short-term rentals would result in more than 100,000 fewer visitors per year and millions dollars in lost wages and tax revenues for the island of some 11,000 people. residents year round.