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Posts Tagged ‘Short term rentals in Ocean Grove’

Parked on Ocean Avenue: a Florida registered truck. Sign says “Hoboken.com. now leasing apartments and townhouses.” Blogfinger photo. 6/6/19  Click to enlarge.   This company is in the business of renting “affordable housing.”  Is there such a thing on Ocean Avenue in Ocean Grove?  Is this about speculation in short term housing rentals?

Our recent discussions about lifestyles in Ocean Grove have so far failed to consider changing lifestyles.  Those who imagine that Ocean Grove will stay as it was in Victorian times are deluded.  Even our “historic” houses are mostly not truly historic.  Very few “historic districts” are like Williamsburg  (Virginia)

And the CMA, which  is trying to swim upstream and make this town even more religious, will have a tough time with that.  It’s probable that its bullying methods will eventually be fought by those who live here.  Forget about our elected officials who don’t give a damn.

But, the fact is that nothing stays the same, and that will be true of how the housing in OG evolves along with how the demographics evolve.

We don’t know what this truck is doing here, but it stimulates speculation about the rental market in town

Short term rentals are a new reality, and although homeowners and others who live in the Grove may not like it, it’s going to be interesting to see efforts to stop it.

And the way that housing is used reflects changing lifestyles, mores, and beliefs.

THE SHIRELLES:

–Paul Goldfinger, editor @Blogfinger.net

 

 

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By Paul Goldfinger,  Editor @ Blogfinger.net

The Asbury Park Press reports that the Governor’s new law will level the playing field so that renters  (Mom and Pop, Airbnb and anyone else who offers short term rentals) will pay a 5% occupancy tax and a 6.625% sales tax, just as the hotels and motels do.  APP link Oct 2 below.

https://www.app.com/story/money/business/consumer/2018/10/01/nj-airbnb-users-occupance-tax-real-estate-agent/1453847002/

This will raise the prices of all such rentals, and it can be a large amount of money for a family looking to spend a couple of weeks in the Grove next summer.

This has nothing to do with the recent Blogfinger debate about whether Airbnb short term rentals, even for just one night, are bad news for the town.  You can use our search box  (upper right corner) to type in Airbnb, short term rentals or other key words.

The new taxes went into effect yesterday, Oct. 1, 2018.  Do you think this is a gift of gratitude to the real estate industry?

Check our opinion poll from June:

Airbnb poll in the Grove

Excellent.  Let’s send more of our money to the Governor.  Just walk the line.

JOHNNY CASH :

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