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Business
samanthsmith, on
January 24, 2018
What’s the deal with STRs? City, state officials eye regulation for short term rentals

Making money by renting out your home in order to pay rising housing costs and property taxes has given rise to short-term rentals.

Vacation Rental By Owner (VRBO), Airbnb and Flatswire are just a few companies helping local residents rent out their space.

While this movement brings some people closer to financial freedom it has stirred up controversy over the rights of cities to regulate or to ban short-term rentals altogether.

The city of Austin came under fire in 2017 for imposing strict regulat...

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