But that’s the thing, that’s not what these properties are generally here. These are
homes bought in cash by developers in neighborhoods occupied by residents. People lived in these homes prior and somebody else would have likely bought and lived in it if they left.
When my wife and I were buying our first house we had two houses taken out from under us because somebody came in with an all cash bid tens of thousands higher than ours. Both are still Airbnb’s.
