OSHKOSH, Wis–Communities may be losing some potential housing stock to out-of-town visitors. A growing number of investors are purchasing houses to use almost exclusively as short term rentals on sites like Air B-N-B.
Appleton Community Development Director Kara Homan admits that she is not sure how many houses in the city do not have permanent residents…………….
Appleton Alder Kristin Alfheim says investors are crowding out potential buyers looking to live in a home………….
Local municipalities have little power to limit the number of properties used for short-term rentals–as those are regulated at the state level.
