Jason Hartman talks with Matt Curtis, founder and CEO of Smart City Policy Group, about the state of short-term rentals in today’s society. Matt explains why he thinks that no matter what people in power do, they won’t be able to stop the movement that is short-term rentals. Matt also discusses what he expects for the market when the economy inevitably sinks into a downturn and people stop taking so many vacations, and why a societal shift is key to that.
[4:06] Technology is leading us closer to a Jetsons like world
[6:43] Short-term rentals seem like they’re going to win out over areas that are currently resisting
[9:57] It’s not hard to see why some areas of the country are resistant to the idea of short-term rentals
[13:42] Are short-term rentals squeezing renters out of the higher end homes?
[18:04] Commercial mix-use multifamily seems to be an area that there’s no qualms using for short-term rentals
[20:14] What happens to short-term rentals when the next recession hits?