TESLA announces new plan for car rentals.

TESLA OFFERS $60-A-DAY CAR RENTALS IN MICHIGAN: NO DEALERS, NO MIDDLEMEN Tesla is officially launching its rental program in Michigan…yes, in the home turf of the old-school auto industry. They just set up Tesla Rental LLC, planning to run their own fleet without asking permission from traditional rental companies or dealerships. Model 3 and Model …

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Greedy second home owners in famously-ritzy beach enclave face harsh reality check as Covid boom for $1,200-a-night holiday rentals slump

Wealthy second homeowners in Cape Cod are complaining after their high-priced rentals suddenly aren’t being booked following a pandemic boom. Modest homes along the shoreline are on offer for upward of $1,500-per-night, however some rental owners are admitting they will have to slash their prices this summer season due to a fall-off in interest. Christine …

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Barcelona will revoke licenses for 10,101 short-term rentals by 2028 to tackle housing costs.

Barcelona has taken significant steps to address the impact of short-term rentals on housing affordability. By November 2028, the city plans to revoke the licenses of 10,101 apartments currently approved for short-term rentals, including those listed on platforms like Airbnb and Homeaway. The decision comes in response to soaring housing costs in Barcelona, which has become Spain’s …

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California neighborhood bans short term rentals

A neighborhood in Long Beach, California has become the first and possibly not last to ban unsupervised Airbnb rentals over concerns about drug-filled parties plaguing homes. In April, College Estates resident Andy Oliver filed a petition to the city’s Community Development Department following months of out-of-state tourists renting out unhosted houses, taking advantage of the …

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Hawaii Governor threatens emergency order to turn short-term Maui rentals into long-term units for those who lost homes due to the fires

On Friday, Hawaii Governor Josh Green threatened out-of-state home owners in Maui who resist helping the victims from the recent devastating wildfires with a vacation rental moratorium. Hawaii Gov. Josh Green on Friday said he wants 3,000 condos and homes that are normally rented to Maui tourists converted to long-term housing for displaced wildfire survivors …

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