What Short-Term Rental Lessons Can be Learned From US Cities?

There is a conundrum between fueling the $87 billion STR market and supporting innovation (credit: Andrea Davis).

HOUSTON—The last decade might well be defined as the sharing economy decade. And, leading the pack are short-term rentals. Houston-based Dunyha founder Tanvir Aman recently shared insights on new approaches for short-term rentals and co-living.

“Historically, economies have always been challenged by maintaining the right balance of regulations to thrive, but not burst. In today’s new world of both the sharing and access economy, the same struggles and principles apply,” Aman tells GlobeSt.com.  “Just over the last 12 years, Airbnb has changed the travel industry and real estate market forever. The Initial Public Offering for Airbnb is perhaps the most anticipated offering of 2020, and yet municipal lawmakers worldwide continue to battle their local short-term rental markets.”