Insight
Short-term rentals are perceived to have the potential to displace residents.
Short-term rentals threaten to drive up Charleston's high housing prices and displace residents
Summary
This article from 2017 discusses concerns in Charleston regarding the potential negative impacts of short-term rentals on housing prices and resident displacement. Hosts in Charleston and similar markets should be aware of the potential for increased housing costs and the need to monitor local regulations.
Key takeaway