Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time.
"Short stay" rentals are an offshoot of the corporate housing market,[2] and are also offered by private owners and investors via online platforms such as Airbnb.
Booking procedures may include credit checks, damage and holding deposits, and departure cleaning fees.
[citation needed] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents.
[6] Short-term rentals can pose a policy challenge to local lawmakers, who have to find a way to mitigate the problems that they cause for permanent residents.