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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.
Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [citation needed] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents. Landlords also sometimes pressure and coerce people out of their ...
Short-term rentals are banned in certain parts of the city. [5] Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators. [6] [7] [8] Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most of the ...
A Florida 'condo cliff' is coming as owners deal with fallout from 2021 Surfside collapse ... Mom of 5 Reveals Steep Rent for N.Y.C. Apartment She Uses for 'Storage' — Despite Having $12K ...
Holiday-Rentals.com: United Kingdom: 2005: FeWo-direkt.de: Germany: 2006: Vrbo [13] US: Vrbo, also known as 'Vacation Rentals by Owner' and previously styled as 'VRBO', was founded in 1995 as a service for short term rental listings. It was acquired by HomeAway in 2006.
Reunion Resort's portfolio of luxury real estate comprises condominiums and estate homes, many of which are offered as short stay vacation rentals directly from the resort or via independent owners and property managers. A smaller number of properties are occupied as permanent residencies.
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