Final Four 2024: What neighbors can expect from short-term rentals during the event

Neighborhoods across the Valley may get noisier this week as hundreds of thousands of basketball fans arrive for Arizona’s second Final Four contest.They will fill up the region’s short-term rentals, prompting some cities to ramp up oversight of Airbnb-style properties to prevent things from getting out of hand.Short-term rentals are typically houses that people rent…

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Letter: Rent Rage: Arizonian Housing Market Ignites as Costs Soar to New Heights

The fully refundable federal Renter Tax Credit would provide swift relief to a broader segment of the population experiencing housing insecurity — many of whom are not served by existing housing and homelessness programs. Thirty-six percent of households are renters in the Phoenix metropolitan area, according to the Census. This area has shown striking rent…

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Soaring mobile-home rents anger Arizona voters

Many of Arizona’s mobile-home parks are experiencing big jumps in rent, deepening financial woes of low-income residents. The spike is tarnishing the economic views of an voters in this swing state, … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real…

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High-paid out-of-state remote workers contribute to rising Tucson rent prices

Gabriela Rico Since the pandemic, Tucson rents have increased twice as fast as local workers’ incomes.Yet, many new neighbors who relocated to Tucson during the pandemic to work remotely remark on the affordability of the market.Paid by employers from San Francisco, Portland and Seattle, for example, the workers’ incomes are much greater than the Tucson-based…

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Short-Term Rentals Are Hollowing Out Communities With Loose Restrictions

Brendan O’Brien, author of “Homesick,” discusses his new book, and what’s he’s learned about the effects of short-term rentals in communities like Flagstaff, Arizona; Bozeman, Montana; and St. George, … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing…

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Running Rampant: How Short-Term Rentals Affect Communities with Loose Restrictions

St. George, Utah. Photo by DenisTangneyJr via iStockphoto Proponents of supply-side solutions to housing typically refer to high housing vacancy rates as a good thing. In theory, more vacant apartments mean more options for renters and competition between landlords for renters. But a look at vacancy rates across the country reveal a more confusing picture:…

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