Short-Term Rentals and Housing Affordability in Asheville, NC
What happens when a city’s economic growth and its affordability to residents are in competition? Last month, Asheville’s City Council voted to enact rules to slow the development of vacation rentals in its downtown area. The new rules come in the wake of the rapid conversion of housing into short-term rentals, which local leaders believe has complicated an increasingly expensive housing market. The development highlights … Continue reading Short-Term Rentals and Housing Affordability in Asheville, NC
