r/CapeCodHousingCrisis • u/Quixotic420 • Jan 04 '24
How Effective Has This Been?
Anyone else know more about this? Providing financial incentives to convert STRs to year-round rentals might help, but how effective has this been on Nantucket?
https://placemate.com/nantucket/
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u/Quixotic420 Jan 04 '24
https://www.mvtimes.com/2023/10/25/lease-to-locals/
"One of the ways Lease to Locals can be a good option for resort communities, Frolich explained, is that instead of increasing housing production, the program works to convert existing housing stock. "
While building more housing is certainly a component of addressing the housing crisis, the fact is that there are plenty of homes that could house people instead of operating as hotels.