"The houses we purchased to turn into Airbnbs have been assessed so much higher than what we put into them that we almost can't afford to keep them. The return on equity wouldn't be as high."
"The hot housing market has translated into higher property taxes, which is throwing off the short-term-rental business model. Owners of short-term rentals across the country have faced a similar reality, sharing of declining revenues over the past few years."
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