It's more than just supply and demand. There are a lot of companies and private investors buying up multiple residential properties to rent out. There are a s

It's more than just supply and demand. There are a lot of companies and private investors buying up multiple residential properties to rent out. There are a significant amount of properties simply being rented out on Airbnb/VRBO and their ilk. This is having a measurable impact on housing prices, and making additional housing unavailable to local residents. We need to increase tax penalties on companies and individuals buying up residential properties that aren't their primary residence and municipalities need to do a better enforcing zoning laws that are probably already on the books that should prevent short term rentals in residential areas. https://www.forbes.com/sites/garybarker/2020/02/21/the-airbnb-effect-on-housing-and-rent/?sh=1a386d9f2226 https://www.forbes.com/sites/garybarker/2020/02/21/the-airbn...