A new report from the Common Sense Institute suggests that many short-term rental listings in Arizona were previously vacant and thus do not significantly reduce the housing supply. This finding challenges the notion that platforms like Airbnb are primarily responsible for the state's affordability crisis, instead pointing to a post-Great Recession decline in homebuilding as the main issue. Developers should focus on increasing housing stock rather than solely targeting short-term rental properties.
Read the full article at Realtor.com Blog
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alinemati1983-6987Written by alinemati1983-6987
