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> Tons of property is locked up as short term vacation rentals that are only used a tiny percent of the time and only by the rich. Im guessing you don’t know h
by woah 1y ago
> Tons of property is locked up as short term vacation rentals that are only used a tiny percent of the time and only by the rich.
Im guessing you don’t know how much property this is. It’s probably under 5% and so has very little effect on the market.
- JoeAltmaier 1y agoI'm guessing neither knows. So 5% is just another WAG. Here in my college town, the new townhouses in prestigious locations are dominated by football-game-day occupation by the rich. So there's that.