Stop Pacaso’s Takeover of Housing!

Stop Pacaso’s Takeover of Housing!

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Stop Pacaso Now started this petition to Communities and

Would you like the house next door converted to a mini hotel with strangers coming and going at all hours? Loud pool parties disturbing your peace and quiet? Your parking spots appropriated by vacationers and their friends?


If not, you’ll want to join the fight against Pacaso, the short-term rental/timeshare operation that skirts local zoning laws by calling itself a co-ownership enterprise and which is spreading rapidly across the country.


How does Pacaso work?

Pacaso purchases a home and resells it into 8 fractions of 44 days to be used by the shareholders in increments of 2-14 days that can be used by guests, guests of guests, etc.  The home is set up in an LLC -  the shareholders and their guests, like short term rentals, are anonymous to neighbors and anonymous to one another.  They notoriously purchase in areas that have zoning ordinances against short term rentals and timeshares. They have even sued one town who said they meet the definition of timeshares.


Communities from coast to coast are taking notice and fighting Pacaso’s  invasion of their neighborhoods. StopPacasoNow.org  is a neighbor-to-neighbor grassroots organization fighting this takeover of much-needed family housing. When Pacaso moves in, gussies up houses with Instagram-ready amenities and inflates the prices, there is a domino effect of homes being taken off the market at ANY price point. That eventually hurts the first-home buyers and renters.


We’ve got all the details on this company, founded by tech entrepreneurs and valued at a billion dollars, on our website at StopPacasoNow.org. You’ll see the communities that have joined the opposition, including those that have filed “cease and desist” orders against Pacaso. And check out the Pacaso website to see how they make their money. It’s a well-financed startup that uses false claims and slick marketing to court local officials. Don’t let it happen where you live.


Learn more about Stop Pacaso Now at our website, www.StopPacasoNow.org where you will find a library of press, templates of signs and cease/desist orders, Calls for Action and ways that YOU can connect and get involved.  Sign up for our newsletter updates too!


Please forward this petition to your community and search and sign additional local anti-Pacaso petitions on Change.org.  Thank You!


Note: Stop Pacaso Now is not fundraising with this Change.org petition.  Any donation made to this petition goes wholly to Change.org.

 

 

 

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