People could only own one short-term rental unit in Alaska under new House bill

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People could only own one short-term rental unit in Alaska under new House bill
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People could only own one short-term rental unit in Alaska and they would have to register it with the state under a House bill introduced earlier this month.

The number of short-term rentals has skyrocketed in Alaska in recent years, including in Anchorage.

“If we want to increase the supply of available housing as quickly as possible, I don’t think there’s a faster way than this,” said Gray. AirBnBs are also big in many other communities outside of Anchorage, including in Southeast and on theSome of the impacts of the bill, if it became law, are still unclear.study that hasn’t yet been peer reviewed

He said that one trend that is clear is that having more restrictions — like ownership limits — has a larger effect on the number of AirBnBs than merely requiring registration. “I would expect a similar effect here,” said Brett Watson, an economist at the University of Alaska Anchorage Institute for Social and Economic Research.

“We wouldn’t be making money until we’re 70 if we did a long-term rental. If we did a short-term rental we could pay it off in 10-15 years,” he said.

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