Short Term Rentals in Moultonboro

[tis]

Originally Posted by Garcia

Short-term rentals can be a real benefit to homeowners and the broader community by meeting lodging needs that traditional hotels often cannot. What began as a way for homeowners to earn modest income from an otherwise unused property, however, has evolved into a different market altogether. In many areas, investors now purchase desirable housing specifically to operate short-term rentals, driving up home prices and reducing the supply of long-term rental housing. As a result, communities are left trying to regulate an industry after it has already reshaped the housing market—putting towns in the difficult position of responding after the genie is out of the bottle.

You are right. And you know what? The high taxes put most of the "cottage colonies" out of business so what happened is vacationers don't have a lot of places to stay. If that hadn't happened there might not have been the appetite for STRs. Again, unintended consequences. Maybe we should leave stuff alone.