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Originally Posted by Michael 61
Yep - you are spot on - on the block I live on, I am the only owner-resident - very difficult to make friends with neighbors, with the majority of residents shoe-term renters or bnb folks on vacation. Luckily today I met a owner-resident on the street over, and she has taken the “Bull by the horns” and has started a club for the folks in our villas the own their homes (monthly socials).
I’ve been here four months now - absolutely love it - I am in so many clubs/activities right now and meeting great people - just not many of my neighbors in Richmond, which is kind of discouraging, but I’m making it work! Glad to be here, and I wake up very happy each morning, looking forward to the adventures of the day.
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Our first house was a PV, in a brand new neighborhood, 1/2 of the PVs were rentals. However they were 3-5 month rentals with the same people.
We found less short term rentals in second new village with our cottage. Of course we rented it long term to the same gentleman for just short of 10 years. 8 homes were long term on our block, and most stayed for years.
Our next house a designer had very few rentals, but those were 3-4 months to same people.
Our home we had built in Richmond, everyone seems to be owner occupied, on our street. My theory of Short term rentals, owner really needs the cash, or why would anybody subject their new home to who ever has $80 in their pocket. But that’s just my thoughts.