Quote:
Originally Posted by tis
It's sad though, isn't it, that people have to rent their property to pay their taxes?
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Sad, not at all. Short term rentals are targeted as investment income for their owners. Has little, if anything to do with someone’s abilities to afford ones housing choice. Owner occupied properties are exempt. So if one needs to rent a room to afford ones expenses so be it.
Short term rental permits are available for those that choose this type of investment. I believe the permit is the major hurdle that investment property owners are angry of. Opening the door to the city for inspection of a property that was updated without permits and not up to current safety codes.
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