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According to Jeremy Allen, board president of Park Township Neighbors, the group isn't done fighting.
Feb. 4—A bill that seeks to give the counties the power to control short-term rentals — even phase them out— is moving in the state Legislature. Other bills under consideration are geared to ...
Although Cardone isn't a fan of short-term rental properties as an investment, the market continues to grow, reaching $64 billion in 2023, according to AirDNA, which found that there were 2.5 ...
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 .
The ordinance prohibits short-term rentals in residential zones and requires short-term rental owners to register their properties with the city. An aerial view of the city of Newport, Rhode Island.
Paul Tyrrell states that when New York City housing prices rose in the early 2000s (decade), SRO landlords tried to remove longtime SRO tenants to free up their real estate for more lucrative uses (one of these being Airbnb-style short-term rental). [25] The owners of the Ace Hotel, a former SRO facility, converted their building to a luxury ...
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