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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 .
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 2000, 3,578,718, or 3.1% of the American housing stock, were holiday or second homes, compared with 2.7% in 1990, and 1.9% in 1980. 26% of all these are located in the north-eastern states, with approximately 250,199 (7% of all the second homes in the U.S.) located in New York, and Maine having the largest percentage of its housing stock as ...
(The Center Square) – A new study shows promising opportunities for short-term rental investors, and Illinois dominates the list. AirDNA, a provider of short-term rental analytics, analyzed over ...
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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Tripping.com, a subsidiary of HomeToGo, is an online search engine and review aggregator for vacation rentals. It aggregates over 10 million listings in more than 150,000 cities worldwide. [ 1 ] It is based in San Francisco, California .
Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.
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