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Getting hedge funds out of owning homes
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<blockquote data-quote="Babagounj" data-source="post: 5770435" data-attributes="member: 12952"><p>I expect to see several homes in my town this spring to be for sale.</p><p>The State AG office has approved of a new by-law that declares that non owner occupied homes can not be used as short term rentals.</p><p>Many houses were bought over the last decade just for them to be rented out, it was a big business for investors.</p><p>Owner occupied homes can still operate with a room set aside for STR but only after getting a town approved permit.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5770435, member: 12952"] I expect to see several homes in my town this spring to be for sale. The State AG office has approved of a new by-law that declares that non owner occupied homes can not be used as short term rentals. Many houses were bought over the last decade just for them to be rented out, it was a big business for investors. Owner occupied homes can still operate with a room set aside for STR but only after getting a town approved permit. [/QUOTE]
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