Quote:
Originally Posted by KeithRiz
Maybe residents can combine their resources and bring up a civil suit against the owners that rent out these short term rentals indiscriminately. The damages claimed could be the value of the homes going down as a result of the STRs. Hold the owners that rent their houses out short term accountable for their actions.
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Are the values of the homes actually going down? I think the owners of the STR can make a case for the opposite, they create demand, which increases price