Council to consider regulating vacation rentals

[tweez]

quote:

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Originally posted by leilanidude

Then they should fail in the free market without expensive regulations, unless what's really happening is taxation of real estate speculators (who don't actually have to participate in our market, and are already paying extra for that privilege).
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I see most of these vacation rentals in Puna as being owned as a second house, possibly for their later retirement. They use them as a way to keep the house maintained until they are able to retire to it.

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This - we are not trying to make a profit, we are just trying to offset as much of the cost as we can until we can move full time. Our goal is to get as close to break even as possible.