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somedudevt t1_iy1x0r2 wrote

Reply to comment by Thick_Piece in Why can't vermont tax Airnbn by Old_Ad_1301

They aren’t taxed to the “highest amount” the highest amount is theoretically infinity… they are clearly taxed to an amount that is less than the level that would result in the landowner selling the property. For any property being used as a short term rental there should be an annual tax of 100% of assessed value. That would get them on the market, or in the rental pool very quickly. It would also help the people who run hotels and motels stay in business as they hemorrhage guests to ABnB.

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o08 t1_iy27p1a wrote

I’ve always thought that hotels and motels that can’t compete would be the best candidates for affordable housing.

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Loudergood t1_iy6110m wrote

This is done a lot and I feel like it's not productive because ultimately vacationers and residents are competing for beds and this does nothing to increase the available total. Fewer hotel beds=more demand for Airbnbs

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