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Fatal shooting puts spotlight on short-term rentals in Saginaw


Fatal shooting puts spotlight on short-term rentals in Saginaw
Updated May 11, 2021;
Posted May 07, 2021
1315 Randolph St. in Saginaw, site of an unofficial short-term rental where a fatal shooting occurred on May 3, 2021.
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SAGINAW, MI As the week began, Saginaw was marred by a shooting in a rental house that left one person dead and four wounded. The house was a short-term rental, advertised on Facebook as an unofficial Airbnb.
As short-term rentals continue popping up in Saginaw and Bay City, officials in both cities are in the early stages of discussing the role they play,
assessing the pros and cons they can bring to communities, and what regulations could or should be enacted to strike a balance between residents and tourists. ....

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Five Home Furnishing Stocks to Buy in the COVID-19 Recovery


Five Home Furnishing Stocks to Buy in the COVID-19 Recovery
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Five home furnishing stocks to buy during the COVID-19 recovery feature companies that provide household products for bedrooms and bathrooms, home decor, luxury furnishings, painting needs and guest accommodations.
The five home furnishing stocks to buy amid the ongoing COVID-19 recovery offer investors a chance to capitalize on rising demand to upgrade homes as many people spend more time at their residences and less at offices during the global pandemic. Four of the five home furnishing stocks are the current recommendations of BoA Global Research as ways to profit from the “work from home” trend. ....

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As Airbnb Plans Hub In Atlanta, Executive Discusses Hiring Locally, City's Affordable Housing Issue


San Francisco-based Airbnb says Atlanta is about to be its East Coast tech hub and soon expects to start hiring from the city’s local talent pool.
The move comes on the heels of a similar expansion announcement from Seattle-based Microsoft. Both expansions are set to make camp within the city of Atlanta, and both have prompted community meetings and concerns over Atlanta’s ongoing affordable housing crisis, worsened by the COVID-19 pandemic.
Airbnb’s public policy director for North America, Laphonza Butler, spoke about the issue with WABE’s “All Things Considered” host Jim Burress.
“Housing affordability is surely an issue that a number of cities are figuring out how to really grapple with,” Butler told Burress shortly after the announcement. ....

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Cleveland could require licenses for short-term rentals, public hearings for full-time Airbnbs


Cleveland could require licenses for short-term rentals, public hearings for full-time Airbnbs
Derek Lindsay, Vista Design Pro LLC
Realtor Lauren Cromwell has transformed three of the four units in a Detroit-Shoreway property, which she calls the Grey Barn, into short-term rentals. A one-bedroom, one-bathroom unit has rents that start at $79 a night, though the total price actually comes to $141 with taxes and fees, including a cleaning fee.
Two Cleveland councilmen are taking another run at reining in short-term home rentals, a growing segment of the lodging economy that has been a boon to pandemic-weary travelers but a bane in some city neighborhoods. ....

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