Affordable housing concerns prompt Juneau Assembly to take stock of short-term rental market

  • 📰 KTOOpubmedia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

The Juneau Assembly has approved spending $20,000 to hire a firm to collect data on short-term rentals in the city. City officials are concerned the listings could be eating into Juneau’s already very limited housing stock.

. “They’re snooping, crawling the web, looking at rentals, trying to see how often those rentals are rented, what the approximate rates are. There’s some work that most of those companies do on the backend to line up a rental listing with a parcel and potentially with an owner.”commissioned by the Southeast Conference, business leaders in the region identified a lack of affordable housing as the top barrier to economic growth. It directly contributes to labor shortages.

Assembly member Wade Bryson thinks the flurry of new short-term rental listings may be a temporary blip, caused by this weekend’s“I think waiting till after Ironman will give us a better understanding of what the community is really going to be like,” he said. “Do people like this? Is it going to be a true problem that just continues to grow? Or do people really be like, ‘Oh my God, that wasn’t as great as I thought.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Juneau assembly should utilize that $20,000 to study the opening up of more land for housing development. Instead of focusing on what people can and cannot do with their homes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 439. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Georgia's Gun Laws Are Forcing Atlanta's Midtown Music Festival to Cancel This YearThe annual event takes place in Piedmont Park, a public space where guns are permitted and a short-term tenant of that property can’t enforce its own ban
Source: RollingStone - 🏆 483. / 51 Read more »