Increasingly, short-term rental boom pits neighbor against neighbor
August 31, 2018
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1:25Now PlayingIncreasingly, short-term rental boom pits neighbor against neighbor
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as posted by the channelThe rise of such vacation rental websites as Airbnb, Homeaway and VRBO, paired with a rapid rise in Austin property values, has transformed the city’s festival and tourism landscapes. City records show 1,900 rentals with active licenses; Airbnb data showed more than 11,000 property listings in July. In 2016, a city ordinance put a freeze on issuing licenses to full-time, full-property short-term rentals, or STRs, in residential areas and ordered phasing out existing ones by 2022. The existing ordinance li
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