jakefrommyspace

jakefrommyspace t1_j8jsjta wrote

For reference, I am a transplant. In every single state in the country this is happening. Economically speaking from a macro POV, it's not wealthy people moving here that is a death knell. It's short-term rentals owned by longtime property owners. This might shock you but wealthy longtime Vermont landowners are reaping the rewards of this right now. It's not necessarily an out-of-towner issue.

IMHO it's not an instant solution but press legislators to ban Airbnb from the state and watch housing open up again (albeit slightly).

The catch-22 of out of towners moving here is while it will drive the prices of homes up, it will create a wealthier tax bracket and create greater opportunity to fund housing initiatives.

Without economic growth, it's incumbent on Vermont's current tax revenue to create affordable housing, which is a tall task given the current numbers.

It is simply impossible to not service out of towners moving here, or simply ban them from moving here.

Press legislators to subsidize housing with newly acquired tax revenue and ban short term rentals immediately.

Goes for everywhere.

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