The U.S. remains the world leader in vacation rental expenditures (and thus income), with 85% of total revenues generated via online sales.
The popularity of short-term rentals, however, does not extend to many local governments - Cities worldwide are enacting strict regulations that are reducing the supply of rentals in local markets at a time when demand is on the rise. Vacationers are frequently blamed for exacerbating housing shortages, inflating rents, and threatening hotel and motel jobs.
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