In a controversial move, the Kochal City Council decided to pass new regulations for vacation rentals. Under these regulations, in public residential areas, owners will not be allowed to allocate more than half of their residential space for renting to tourists.
Maintaining Balance in the Housing Market
This decision has been made to maintain balance in the housing market and also to support tourism as a key factor in the local economy. With these measures, officials hope to reduce pressures on the housing market while benefiting from tourism revenues.
