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>that suggests short term rentals are the highest value use of that property. that's undeniably true for all property in most places that have any tourism valu
by notatoad 7y ago
>that suggests short term rentals are the highest value use of that property.
that's undeniably true for all property in most places that have any tourism value, but it's a short-term value akin to "if we light this city on fire, we can probably make a lot of money selling tickets to watch it".
People also have to live in the city for it to have any value as a tourism destination. If an apartment can host a hundred visitors a year but there's no service industry staff living within 50km because all their houses have been converted to AirBnB's, your tourism industry is going to collapse.