STRs gutting local communities
This report from Anglicare is worrying because it directly links holiday letting with increased rental stress. The global asset boom is already pushing up rents across the world. If we don’t step to regulate STRs they’ll lead to a hollowing out of these vibrant beach communities. Only tourists will be left, and the town finances will be entirely dependent on its whims.
If you’re a council worried about the effects of short-term letting on your community, BnbGuard can help. Just drop us a line.