San Diego granted millions to convert short-term rentals into units for homeless - Times of San Diego
Summary
San Diego has received millions to convert short-term rentals into housing for the homeless. This is a potential shift in the local market that could impact STR availability and pricing in San Diego. Hosts should monitor local news for similar initiatives in their areas.
Key Insights
- •San Diego was granted millions of dollars to convert short-term rentals into housing for the homeless.
Action Items
- ✓Hosts should monitor local news and government websites for similar programs in their areas that could affect STR operations.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay informed about local government initiatives could lead to unexpected changes in the STR market, affecting occupancy and revenue.
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