In my current HOA, they had a vote last on year on whether to get rid of STRs. This year we have seen a significant slow down, and lots of houses slashing their prices. Even the condos, which normally sell very quickly are sitting.
Now, I’m not saying that getting rid of STRs is the reason, probably the rise in interest rates has something to do with it, but we rented four different houses over three years for one/two weeks while we got to know this area, and if not for STRs we would’ve never had that chance.
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I wish I knew what I don’t know.
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