Part 7/10:
Legal Troubles and Regulatory Challenges
Further complicating matters is the growing number of regulations in markets like Dallas and Las Vegas, which pose additional challenges for short-term rental hosts. As cities crack down on illegal rentals, many investors might find their properties legally prohibited from operating as Airbnbs, pushing sales even further. The lack of enforcement of existing laws raises questions about local governments’ efficacy and their accountability in contributing to declining housing values.