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Interestingly, I'm seeing a lack of zoning enforcement drive up prices locally. Small-time investors are buying homes in residential zones to put on short-term
by gorjusborg 5y ago
Interestingly, I'm seeing a lack of zoning enforcement drive up prices locally.
Small-time investors are buying homes in residential zones to put on short-term rental sites, and because they generate revenue from the house, are able to offer a much higher amount and have it still make financial sense.