Re: Limitation of number of renters question
From: Muriel Kranowski (murielkvt.edu)
Date: Sun, 28 Jan 2018 06:37:43 -0800 (PST)
The Town restricted us to 4 rented homes (out of 33) as a condition of
granting our rezoning request in 2000. I think we've had a maximum of 3
homes rented at one time; right now there is one. The Town's goal was to
discourage us from turning into a student-rental neighborhood, as this is a
college town where that is always a big concern.

Our history with rented houses has been mixed. Some renters were families
who were wonderful community members, completely integrated into the
community, and in fact in some cases they purchased houses that came on the
market when their rental period ended after, usually, two years.  One owner
was on the verge of losing his house to bankruptcy for several years, so he
rented out parts of it while sometimes living in it - he did try to get
suitable renters who were interested in being part of the community, so
that was not too bad while it lasted.

One house however did turn into a student rental, and it was rather
unpleasant - the students weren't horrible in themselves but their
boyfriends/girlfriends ended up living with them and we had constant
turnover of young strangers who mostly did not even attempt to become part
of the community; they took up a lot of our supposed visitor parking
spaces, used our Common House and other resources without doing any
community work, and generally reduced the level of pleasantness. (It was a
great income stream for the homeowner who had moved away and didn't make a
serious effort to sell the house.) In the end we changed our Bylaws to make
this outcome less likely.

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