Business

Seattle: Short-Term Rentals Are Pushing Out Traditional Tenants


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Finding a place to live in Seattle isn’t easy. Prices are high and inventory is low. Some say short-term rentals, like Airbnbs, are part of the problem. Services like Airbnb are part of the so-called sharing economy — they allow homeowners to rent out spare rooms so they can make extra money. Proponents say that extra cash is helping them pay their mortgages and stay in Seattle. According to a recent Airbnb survey in Seattle, 11 percent of people renting out rooms through the service said the
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BusinessBy KNKX Public Radio