Nearly all housing experts surveyed last month in Zillow’s quarterly survey agreed short-term home rentals like those offered on Airbnb and HomeAway do not have a meaningful and large impact on housing affordability
Vacation Homeowners Turn to the Rental Market
May 17, 2011 by
When Karen Logan received zero offers on her Lake Tahoe home last year, she decided it might be a better idea to rent it out instead. “I’m retired, living on benefits, so I need the extra income,” she told us. Logan’s 3-bedroom lakeside home now rakes in $1,800 each month, and sometimes $1,200 per week
