Assurance Team Real Estate

Newberg STR Update

Just finished up with the Aug 22, 2024 Short term Rental listening session

 

The two major Opinions:

 

Pros: These are private homes and people should be free to do what they choose

– STR’s bring in money and tourists into the city

– The benefit specific individuals by allowing long distance commuters and families to travel between Newberg and other cities. (including mine )

 

Cons: housing is expensive and too much housing is lost to STR

– There was much discussion regarding the loss of community. Specifically in the Northern downtown / GFU sector. “The neighborhood is not feeling like a neighborhood. ” was a common feeling

– Density is important. Most people do not mind if STR are spread out, but there are community feel issues when 3-4 are on one block.

– Concerns with out of state investors snatching up homes (although I would be interested in seeing the evidence/numbers)

– Recommend looking at capping the number of short term rentals one person/entity can have

– Multiple STR’s are not in compliance with Newberg taxes, or holding a business license.

 

In summary I felt the discussion, questions and opinions were thoughtful and balanced, and I trust the STR council will make a good decision when it comes to any new rules/regulations on Newberg Short Term Rentals

 

Any other thoughts? Leave them below.

 

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