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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
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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.
In a statement to CBS 8, the city of San Diego confirmed there are more than 8,600 short-term rental licenses across the city. According to the Census Bureau , there are around 549,000 housing ...
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Curtis "50 Cent" Jackson is buying several properties in Shreveport. Starting May 31, 2024, Jackson's G-Unit Studios has purchased several properties across the city's downtown area spending, in ...
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