Negative Sentiment Regarding Rental Units

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In HOA’s or communities with strict minimum rental time frames for unit rentals such as 30 days, why is there still negative sentiment about them? Even in a neighborhood of let’s say 100 units, when 10 of them are rentals, people become worried that the neighborhood is turning into a rental community and then want the HOA or local governing authority to raise the threshold to 6 months or even limit the number of rentals. What explains this worry?

I could find no research that a high number of rental units (with a high minimum rental time such as 30 days) lowers property values. I do know that a limiting the number of rentals in a community would make a property more difficult to sell because it would reduce the number of potential buyers and that could easily lower property values.

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Like I said earlier don’t buy condos. Buy sfhs.
As a landlord you don’t want to be caught between your tenants and the HOA.

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Looking at it from someone who lives in the community, being surrounded by renters is definitely not a good thing. There’s often too much turn overs, and many younger renters tend to do late night parties etc. Imagine living in a 100 unit complex where 50 of them are constantly new ( less than 1yr), not following HOA rules - it does become a very different place to live.

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