Many homeowners and renters are using platforms like Airbnb, VRBO, and HomeAway to make extra cash. On a short-term basis, they rent out spare rooms in their homes — maybe even the entire house or apartment — to out-of-towners to help make the monthly mortgage or rent. Only a small minority of these providers are “pros,” buying up properties for the sole purpose of renting them out on home-sharing platforms.
The real pros, however — hotel chains and hotel workers’ unions — don’t like this upstart competition. They’re working to get home-sharing banned or effectively regulated out of existence.
Showing posts with label Airbnb. Show all posts
Showing posts with label Airbnb. Show all posts
Saturday, December 17, 2016
Subscribe to:
Posts (Atom)
