Oregon coastal city struggles with rentals

NEWPORT, Ore. — Hot housing markets in major cities like Seattle and Portland have pushed the cities to regulate short-term rentals like Airbnb. But small Pacific Northwest towns popular with visitors are also struggling to balance the growth of Airbnb-type rentals with a tight housing supply.

Newport is the latest to put those types of rentals in the crosshairs.

Newport is a beach town on the central coast known for its working waterfront, sea lions, lighthouses and aquarium. Now, the town finds itself at the messy intersection of the sharing economy, the tourism business and a housing crunch.

The town has held two

...read more at https://lmtribune.com/northwest/oregon-coastal-city-struggles-with-rentals/article_41730986-08fb-516c-a4cf-4060be97146e.html

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