Jason Fogelman leads a neighborhood watch at Fort Lauderdale’s Coral Ridge Isles. He said has had an eye on a house for rent on Airbnb, and he and his 9-year-old son witnessed a murder there on Saturday.
Investors flocked to short-term rentals as the housing boom took off, but it could play a role in making the lack of housing in South Florida even worse.
It's taken years for homebuyers who purchased during the last housing boom to see their home values return. Today's market is providing some much needed relief after almost a decade of lower values.