VRMA Administrator
A new study on short-term rentals (STRs) in San Luis Obispo (SLO) County, California, found that they are not responsible for driving up overall local rental rates and housing prices. According to the study by tourism information organization Visit SLO CAL and Beacon Economics, STRs have both benefited from and played a role in the continued growth of tourism in the county. STRs support this pillar of the local economy more than they hurt the county’s housing inventory or affordability, the study found.
San Luis Obispo Tribune (CA) (09/07/23) John Lynch
