Sunday , October 22 2017

Near Yosemite “It’s Neighbor Warring Against Neighbor” Over Short-Term Rentals

Most people in the mountain area around Oakhurst know Katie Miller as the Mountain Madam . That’s her brand. The London Properties’ realtor and I are driving to an area north of Oakhurst where she recently sold a home that’s now listed on the online rental site Airbnb . “So that’s the Airbnb right here,” says Miller. “There’s a spiral staircase inside, all wood floors. They figured out how to maximize the space and put beds everywhere.” Miller says the short-term rental market in the area has skyrocketed over the past two years. One of her clients recently bought a property with a cabin and a creek on it. “His wife came in like the day before we closed, looked at what she needed for the area, went to Fresno, bought brand new stuff and then boom it was an Airbnb the next day,” Miller says. Miller says this buyer is just one of many people she’s working with that are purchasing homes for the sole purpose of using them as short-term rentals. She says this has created a housing shortage in
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