Short-term rentals: Three questions a city/county should answer to benefit from this market

Short-term rentals (STRs) are a phenomenon of today's "shared economy" - a world in which technology advancements have upended traditional business models. Since 2011, the number of STR properties listed on the top four websites (e.g., Airbnb, VRBO) has exploded from about 900,000 to 8 million, an increase of almost 800%. With dramatic increase in properties participating in short-term rentals, why aren't governments seeing an increase in revenue?

How to Weather Fluctuations in Building Permit Revenue

Economic fluctuations make it difficult for governments to break even on the cost of providing building permits, which is required in most states. Rates are based on anticipated demand, which is difficult to predict. Boom-and-bust cycles often result in either too much or too little revenue. A surplus may lead to legal trouble, while a revenue shortfall may result in budget and service cuts.