You've probably noticed it, whether you're a renter struggling to find an affordable place or a homeowner watching your neighborhood change. The rise of short-term rentals, think platforms like Airbnb and Vrbo, is having a real, tangible impact on the availability of long-term housing across the United States. It's not just a coastal city problem anymore; even smaller towns and rural areas are feeling the pinch. When properties that were once available for families and individuals to rent long-term get converted into vacation rentals, the overall supply of housing shrinks. And basic economics tells us, when supply goes down and demand stays the same or increases, prices go up.
by Tierney Ross | March 12, 2025
The transition to retirement often brings a significant shift in lifestyle, and one of the most pressing questions many Americans face is whether to rent or own their home. There's no one-size-fits-all answer, as the optimal choice hinges on individual circumstances, financial stability, and personal preferences. Let's delve into some key considerations to help you navigate this important decision.
by Tierney Ross | March 11, 2025