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2018 Report: STR Regulations and AirBnB

Excerpt from the conclusion of a July 2018 report conducted by students from the University of Vermont.

“Vermont would not be the first government entity to enact legislation regulating short-term rentals. As highlighted by the case studies of San Francisco, Virginia, and Florida, various types of legislation have been proposed to accomplish this goal. Such regulation has positive and negative consequences: San Francisco’s regulations have increased revenue for the city through tax collection and registration fees, and they have also allowed the city to better enforce housing standards that accompany more traditional rental properties. But enforcement of the regulations has caused a substantial decrease in Airbnb listings, many of which were previously active. A change like this could have negative economic implications if the regulations cause the short-term rental market to shrink.”

Read full report here.