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However, HBR researchers point out that “owner-occupiers” that rent out rooms or the entire house while they are absent does not affect the long-term rental market. [13] Another implication of short-term vacation rentals is that local communities can be disrupted by guests in unfamiliar neighborhoods.
The long-term plan for this property had been to construct what Harrah's (now renamed back to Caesars) called "a destination resort." Part of the expansion plans revolved around Caesars' purchase of the 18 acres (73,000 m 2 ) that comprised the neighboring Casino Magic property.
Both short-term and long-term rental owners are required to obtain a business license, but those renting residential property to the same person for less than 90 days must pay 10% state and local ...
Gulfport, Mississippi (map center) is east of Long Beach, west of Biloxi, along the Gulf of Mexico. According to the United States Census Bureau , the city had a total area of 64.2 sq mi (166.4 km 2 ), of which 56.9 sq mi (147.4 km 2 ) is land and 7.3 sq mi (19.0 km 2 ) (11.40%) is water.
Zillow predicts the US housing market will keep shifting in 2025.. The real-estate firm says the average home value rose by 2.6% annually in October. It says homebuying activity should pick up ...
It is a principal city of the Gulfport–Biloxi metropolitan area, home to 416,259 residents in 2020. The area's first European settlers were French colonists. The beachfront of Biloxi lies directly on the Mississippi Sound, with barrier islands scattered off the coast and into the Gulf of Mexico.
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