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by elguyosupremo
1208 days ago
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I think short-term rental rules really need to be determined on a community by community basis. In some places (like beach towns, or ski resorts) it might be ok to have 50% (just pulling that number out of nowhere) houses be short-term rentals. In NYC or San Francisco it might make more sense to limit short-term rentals more (a certain number of nights per unit per year), the policing of such a policy though, oi! |
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I work remotely in tech, but I want to continue living here year-round, contributing to the community.
Short term rentals are simply too lucrative compared to owning and long term renting. Much of this is the government's fault -- the tax system has a lot of loopholes, like mortgage interest deductions, depreciation, business cost deductions, and untaxed fees that make short term renting even mire lucrative. I hope the government steps in soon to remedy this, but considering their response to the housing crises in the past I am not hopeful.