One Arizona city will pay property owners to convert holiday lets into rental accommodation for local workers.
The council-approved “rent local” program will provide Airbnb hosts in Sedona up to $US10,000 to remove their short-term listings from the vacation rental company.The move is not to discourage travel to the area, but rather to improve housing options for locals amid rent increases and the general uncertainty of the real estate market.
These landlords should be prosecuted for the commercial use of residential housing. Local Govt Authorities should be mandated to enforce residential zoning. Why should ratepayers PAY to 'convert' residential housing to a residential use? Right2Housing NeighboursNotStrangers
Murdoch is a parasite -