HomeMy WebLinkAbout4B - Public CommentFrom: Don Barrett
To: City Clerk
Subject: Public Comment - Item 4b vacation rental study session
Date: Thursday, March 10, 2022 11:49:11 AM
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At the ONE -PS Membership meeting of 3/8/22, Lisa Middleton asked for suggestions
regarding analyses to be used in studying the impact of PS Vacation Rental Ordinances.
A major concern is the impact of vacation rentals on affordability and availability of housing,
thus an ideal approach would be to compare Palm Springs to other Coachella Valley cities on
the relevant items. To assess whether Palms Spring's more flexible vacation rental standards
have resulted in differences on the following would require multivariate statistical analysis
that controls for baseline differences between the cities. Such suggested analyses could be
conducted on five different outcomes:
• home prices
• rents for apartments and comparable (e.g., houses, mobile homes) long-term rentals
• availability of apartments and comparable (e.g., houses, mobile homes) long-term
rentals
• proportion of homes and multi -unit buildings purchased by corporations rather than
individuals
• income by traditional resorts, hotels, and motels
Don Barrett, 760-481-9399
280 Minnehaha St
Palm Springs, CA 92264
31l 012022
Public Comment
Item 413