Municipalities can require new builds to be own-only or place requirements on rentals. I live in a new development with such a stipulation. The land has a couple different developments, there's townhouses, a set of smaller lot houses, medium lot houses, and then some commercial zoning.
The medium and small lot houses have a no rental stipulation. I forget the exact terms but the houses have to go to individual owners and there's some residency requirements before you can offer it as a rental.
The medium and small lot houses have a no rental stipulation. I forget the exact terms but the houses have to go to individual owners and there's some residency requirements before you can offer it as a rental.