Lawmakers consider taxing short-term rentals through sites like Airbnb – The Boston Globe

“Most people who advertise Boston homes on the online rental website Airbnb list a single property, but 15 percent of the users have posted multiple listings, highlighting concerns that the sites are being used to run substantial lodging businesses are being operated while avoiding regulation and taxes.”

Source: Lawmakers consider taxing short-term rentals through sites like Airbnb – The Boston Globe

Tourist Officials Say Airbnb Having An Impact

Totally agree, we need a level playing field. Especially given some investors are buying property for the sole purpose of renting on AirBnB. This was recently documented in a Boston  Globe article.

Investor owned properties rented on weekly bases drive up the cost of housing for everyone,  eliminates affordable housing opportunities and hurts our hotel business. All the while,  denying communities hotel romm taxes.

http://www.capecod.com/newscenter/tourist-officials-say-airbnb-having-an-impact/

University dean: Cape needs to change to survive – News – capecodtimes.com – Hyannis, MA

HYANNIS — The dean of the Ricciardi College of Business at Bridgewater State University addressed the Barnstable Economic Development Commission on Tuesday afternoon and the message was a familiar one – the Cape’s current economy is not sustainable and is in dire need of a makeover.Dr. Elmore Alexander, in a presentation titled “Economic Development Challenges for Cape Cod,” said the region is facing a “perfect storm” of economic conditions, and not in a good way.

Source: University dean: Cape needs to change to survive – News – capecodtimes.com – Hyannis, MA