Quote:
Originally Posted by Woodsy
I don't agree that this will hurt the economy or cause a loss of property value. This regulation will do exactly what is intended... right or wrong, it will slow down investment owners who are just looking to make a quick unregulated buck buying up housing property for the sole purpose of airbnb/vrbo.
I do think that waterfront property should have been exempted...
Woodsy
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But you said it in your post. “ slow down investment owners” which in turn reduces demand and lowers values. Investors are willing to pay a little more if they can get a good ROI.
Short term renters are not renting in downtown Laconia or anywhere that is a good distance from the lake.
Also what’s good for the goose is good for the gander.
You cannot limit you just water front, what if you have a view or are walking distance from the lake etc that opens Pandora’s box.
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