Short-term rentals have minimal effect on home prices in tourist towns, study finds - Crain's Grand Rapids Business
Summary
A recent study published by Crain's Grand Rapids Business found that short-term rentals have a minimal impact on home prices in tourist towns. This research suggests that the presence of STRs does not significantly drive up housing costs, offering a nuanced perspective on the impact of short-term rentals in popular destinations and areas with high tourism.
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