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“Additionally, in the event of another global pandemic, long-term rentals are also likely to help you avoid empty properties.” The COVID-19 pandemic was a rare event that is likely to not take ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.
Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [citation needed] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents. Landlords also sometimes pressure and coerce people out of their ...
Lake Havasu City has a hot desert climate , with extremely hot summers, mild winters, and very little rainfall. The hottest temperature in Arizona was recorded in Havasu City. Lake Havasu City is a very hot city, even by Arizona standards; here, the highest temperature ever recorded in the state, 128 °F (53 °C), was set on June 29, 1994. [19]
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