Independent of the existence of the hotel industry I think there's a reasonable concern about the conversion of residential use to commercial use and the resulting impacts that has on surrounding residential property valuations, rental vacancy, city tax revenue and other things.
I'm less concerned about someone occasionally renting out their home and doing what they want with their own property, and more so interested in the impacts of investors purchasing residential property to use exclusively as part of a larger commercial short term operation.
I'm less concerned about someone occasionally renting out their home and doing what they want with their own property, and more so interested in the impacts of investors purchasing residential property to use exclusively as part of a larger commercial short term operation.