Insight
The prevalence of short-term rentals can artificially lower the vacancy rate for traditional housing, potentially creating a misleading picture of market supply and demand.
Looking to buy in New England? Vacancy rates may paint a misleading housing picture.
Summary
New England's housing market may show misleading vacancy rates due to the prevalence of short-term rentals. These STRs can artificially lower available housing stock, impacting local markets and potentially affecting investors and hosts.
Key takeaway