When I sold my condo, that was one of the first questions I received. A lot of investors would have bought if they could rent, but they couldn't we had weird rules, like 6 month max, and only X% of the units could be rented at any point in time). If you are interested in research, plug terms into scholar.google.com and read the abstracts. Here's one abstract: "WHAT DO YOU MEAN I CAN'T RENT MY CONDO?"Hello, This is my first StreetsMN post.
I’m on the board of a large downtown condo that is considering a rental cap. (A rule that limits the percentage of units that may be rented) This seems like a bad idea. It is anti-renter and I think it will hurt property value. What do people think? Has anyone seen economic research on rental caps?
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