• Wed. May 15th, 2024

Nantucket Current | The Fate of Our Economy and Community Rests in the Balance

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May 6, 2024

I urge all Nantucket residents to come together and vote YES on Article 59 at the upcoming Town Meeting on May 7. The fate of our island’s economy and the very essence of our community are at stake, and we cannot afford to let it falter.

As someone deeply connected to Nantucket’s community, with multiple short-term rentals and an architectural firm on the island, I have seen firsthand the crucial role that short-term rentals play in preserving our community. For many, including myself, short-term renting is not just a financial necessity, but a lifeline that allows us to maintain properties that we otherwise couldn’t afford.

I am proud to be invested in the well-being of our island, and I find it hard to believe that we would even consider allowing a few individuals to undermine our economy. It is important to recognize the important relationship between tourism and our local businesses. Short-term rental visitors not only support our shops and restaurants, but also contribute to the island’s workforce, connecting our community together.

However, the threat posed by those who want to restrict property owner rights is significant. We cannot let the interests of a privileged few jeopardize the livelihoods of many families and the very core of our community. Article 59 is not just about protecting short-term rentals, but about safeguarding the foundation of our island’s economy and the financial stability of our residents.

Tourism has been a saving grace for our island’s economy since the end of whaling, sustaining us for nearly two centuries. It is crucial that we come together to support Article 59 to ensure the continued prosperity of Nantucket for future generations.

I urge each and every one of you to stand with me and vote YES on Article 59 at the Town Meeting on May 7. Our collective future is on the line, and we cannot afford to ignore the high stakes.

Michele Kolb

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