A peruse through the weekly property transfers database reveals just how many single-homes, townhouses and condominiums are being purchased by LLCs and partnerships that are formed to rent the properties for visitors rather than to provide housing for residents of Savannah and surrounding communities.
The rise of short-term rentals (STRs) and vacation rentals by owners (VRBOs) has thrown some neighborhoods out of balance and has had a profound impact on both housing supply and accessibility for the region's workforce and families, which has prompted municipalities to pass a crazy quilt of ordinances governing STRs.
Strong opinions this topic provokes, and YIMBY Savannah is here for it, providing a moderated, open and free forum next Wednesday, Aug. 13, to discuss the broad positive and