Letter to the editor: How many short-term rentals are never owner occupied?
Frisco
I wonder if the data on housing in Summit County shows how many short-term rentals are held as investments and never owner occupied? Could these be converted to long-term rentals?
Instead of 90- to 120-day occupancy with associated expenses, rental units could be occupied 365 days. Yearlong occupancy with fewer expenses would mean owners could reduce rent to workforce levels with the same profitability. A bonus would be knowing who is living in their property.
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