Yes I pay transient occupancy tax of about 13% which nets my mountain city about 8k extra per year that they wouldn't have gotten from one property. I still pay the property tax too of course. So these cities are benefiting greatly and you can see them making upgrades everywhere with more jobs.
I see why some people would not welcome growth but nobody owes you a lifetime guarantee on living in a desirable place for a low amount. It's real estate and has always been subject to change, many times severe fluctuation.
I see why some people would not welcome growth but nobody owes you a lifetime guarantee on living in a desirable place for a low amount. It's real estate and has always been subject to change, many times severe fluctuation.