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DeepNewz, mobile.
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The short-term rental market, particularly Airbnb, is facing significant challenges. While demand for stays remains strong, rising costs such as insurance, taxes, and maintenance are problematic. Additionally, cities worldwide are imposing stricter regulations on short-term rentals, targeting platforms like Airbnb and Vrbo. Issues include non-compliance with local laws and tax evasion by some hosts.
Many AirBNB $ABNB hosts do not play by the rules. From ignoring local laws to lying about renting out "owner occupied" homes that they never live in for tax purposes, the laundry list of troubles is long. https://t.co/YgbiaqNRhB
Cities around the world are imposing stricter rules for short-term rentals. Here’s why and how regulators are cracking down on Airbnb and Vrbo listings https://t.co/KBxcRYjWdr
A sign that AirBnBs are soft? Reduced pool maintenance? https://t.co/kasorKwU3n
