The economic, social, and environmental effects of short-term rentals on rural communities, which can include both positive impacts like job creation and negative impacts like housing affordability concerns.
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Glossary Term: Local Economy
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The average expense of basic necessities in a specific location, such as housing, food, transportation, and utilities, influencing pricing strategies for short-term rentals.
The effects, both positive and negative, that short-term rentals can have on the local community, including housing affordability, noise levels, and neighborhood character.