Carmel joins Fishers in latest move to limit rental properties

A cap on home rentals is coming to another city in Hamilton County. Carmel is the latest municipality to adopt restrictions on the number of single family homes that can be rented in a neighborhood.

The move will cap rentals by 10% and create a registry of owners. Property owners will need to apply for a permit with the city.

Fishers implemented a similar ordinance earlier this year…

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