Quote:
Originally Posted by Descant
I don't think this has anything to do with low cost workforce housing not being available. We're talking about short term vacation rentals--expensive shorefront where the owner wants to offset high taxes and get a little cash flow when he is not using the property. As a side effect, this may benefit workforce housing. Owners who can't get the high summer rents will rent September through May for cheap just to keep somebody in the house, heat on, no vandalism, snow cleared, etc.
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It does though. It is not just waterfront or even water access communities like Suissevale/ Balmoral etc. 5-10 years ago you may put a house in the rental program and done a winter rental. VRBO and Home Away have made it so easy to do short-term rentals, that most rentable houses are gobbled up by investors and rented out weekly.
My son is moving on Sunday
, it took 6 months to find a decent place that was semi-reasonable. He is a manager at a parts store, he is local workforce. There is nothing out there.