Claim:
Short term rentals are largely owned by out of state people and corporations.
Facts:
According to data provided to PTN by Park Township through a July 2023 FOIA request, short term rentals are largely owned by Michiganders.
- 41.5% are owned by Park Township residents
- 54% are owned by greater Holland residents
- 68% are owned by West Michigan residents
- 75% are owned by Michigan residents
In other words, over half of the short term rentals in Park Township are owned by hyper-local residents of greater Holland. And 41.5% of the vacation rental owners live directly in Park Township itself. Sometimes right next door to their rental! (Or to someone else’s.)
3 out of 4 vacation rentals here are owned by Michigan families and property owners. This means that Michigan owners are disproportionately and negatively impacted by the township’s decision to create an outright ban rather than enforce reasonable regulations – most of which already exist in the current code.