Home-rental platforms like Airbnb are known to drive up housing costs, but a new study shows that doing a better job of collecting the taxes owed by these home rentals appears to slow the rise in home prices. The finding suggests that tax policy can help to mitigate rising home prices, particularly in areas where there are a lot of short-term rental properties.
Collecting taxes on Airbnb home rentals could help curb the rise in housing costs
The Owl Picks
-
The Dominican Republic is not just about stunning beaches; it’s full of unique places that reveal the country from a completely different perspective. If you’re staying in Punta Cana, you can easily turn your vacation [...]
-
Active Kinetic 1 technology is revolutionizing technology by providing a sustainable and efficient way to power various devices. This innovative tech harnesses natural sources of movement and transforms it into usable free electricity. How Does Active [...]
-
Back pain can be debilitating, affecting your ability to enjoy everyday activities. The good news is, you don’t have to rely solely on medications to find relief. At livingnwell.com, we believe in the power of [...]
-
One highlight of my Grade 3 life was dying from dysentery at the hands of a video game. I was ahead on schoolwork, and allowed to use the classroom computer to pioneer a family across [...]
-
Your diet — the foods and drinks you eat, not short-term restrictive programs — can impact your heart disease risk. Evidence-based approaches to eating are used by dietitians and physicians to prevent and treat cardiovascular [...]
