Quote:
Originally Posted by 81MC
What impact do short term rentals have in housing prices? The house across from me has been sold twice in 5 years and is strictly used as a short term rental unit by both purchasers. Hope those ####ers lose their shirt, but I wonder if the impact can be quantified.
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They should increase property prices as you add demand by moving Hotel guests into residential spaces.
In general it’s really bad public policy.