Downtown leaders look to restrict vacation rentals — some merchants object
August 1, 2022
The proliferation of properties being marketed on Airbnb, VRBO, and other platforms has created concern in many municipalities. Critics say the short-term rentals disrupt neighborhood cohesiveness with constant turnover and occasional loud parties. Others point to rentals as contributing to rising real estate prices and a shortage of affordable housing. Traverse City, MI (est. pop.…To read more — login/subscribe