[Opinion] Understanding the proposed Fishers long-term rental ordinance

Understanding the proposed Fishers long-term rental ordinance

FISHERS, IN - Fishers is poised to become the first city in Indiana to place restrictions on long-term rental properties, a move that has ignited strong opinions among residents and industry experts. The proposed ordinance, supported by Mayor Scott Fadness, aims to cap the number of rental homes within each neighborhood at 10%.Any neighborhood can have more than 10% of its homes for rent, Fadness explained. If they're already for rent today, let…