Jason Hartman talks with Matt Curtis, founder and CEO of Smart City Policy Group, about the state of short-term rentals in today’s society. Matt explains why he thinks that no matter what people in power do, they won’t be able to stop the movement that is short-term rentals. Matt also discusses what he expects for the market when the economy inevitably sinks into a downturn and people stop taking so many vacations, and why a societal shift is key to that.
Key Takeaways:
[8:29] Technology is leading us closer to a Jetsons like world
[11:07] Short-term rentals seem like they’re going to win out over areas that are currently resisting
[14:21] It’s not hard to see why some areas of the country are resistant to the idea of short-term rentals
[18:06] Are short-term rentals squeezing renters out of the higher end homes?
[22:28] Commercial mix-use multifamily seems to be an area that there’s no qualms using for short-term rentals
[24:38] What happens to short-term rentals when the next recession hits?
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