3 ms·
I’m not against municipalities placing restrictions on airbnbs. The reality is that they never end up doing that. That tiny mountain spot you mentioned probably
by rank0 3y ago
I’m not against municipalities placing restrictions on airbnbs. The reality is that they never end up doing that. That tiny mountain spot you mentioned probably LOVES all the tourism revenue.
Also I don’t really understand your point…a small TN mountain town who thrives off tourism is SO far away from the shelter needs of 99.99% of Americans.
Investors impact the market to some extent…but the insane monetary policy of 0% rates and 5 rounds of QE is EASILY the biggest factor. It’s not even close.
EDIT: lol at your last comment. I bought a brand new house in midtown Atlanta 2021.