A practical path for cities, HOAs, owners, managers, The Short-Term Rental Industry Needs Balance — Not Bans or Free-for-Alls residents, and investors to protect neighborhoods while preserving responsible vacation rental activity. The short-term rental industry has reached a turning point. Across the country, cities, HOAs, homeowners, investors, managers, platforms, hotel groups, and residents are all debating the same question: What should the future of short-term rentals lo