short term rentals in miami: Never-ending battle between Airbnb and Miami Beach
- 04/05/19 09:36 AM
Miami is one of the top-5 Airbnb destinations in the United States. It sounds like a great deal for everyone... Hosts get a profitable output of their investment and their guests get a more private and wide list of options where to stay. However, this is not the same point of view for the City Commission of Miami-Dade County, which has been enacting fines of $5,000 up to $20,000 when renting on this kind of platforms. Even though it has been a problem all around the city, Miami Beach has suffered the most.
Fines depend on the type of legal breach that … (1 comments)
Visitors come to Miami expecting more. More than what they are used to. In other words they are looking for extravagance. Everything starts with a short term rental. For short term rentals, the market has expanded into a bunch of new platforms that broke the monopoly of the hotels. The first one that tops our mind is obviously Airbnb.
According to the Upgrade Points analysis, Miami has an average price for the most expensive Airbnbs of $10.000 per night, putting the city … (2 comments)
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