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Here’s why some experts believe in the long-term approach over short-term rental platforms. For the full picture, find out some reasons Airbnbs can be better than long-term rentals .
This is an accepted version of this page This is the latest accepted revision, reviewed on 14 January 2025. Economic policy relating to housing markets Part of a series on Living spaces Main House: detached semi-detached terraced Apartment Bungalow Cottage Ecohouse Green home Housing project Human outpost I-house Ranch Tenement Condominium Mixed-use development Hotel Hostel Castle Public ...
The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
The Monticello Hotel opened its restored Crystal Ballroom and new Speakeasy on August 25, 2017 to a packed crowd of over 500. The ballroom was designed with at the time modern terrazzo floors, polychrome details, and 42 pilasters signifying Washington as the 42nd State.
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