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Dittmar Looks to Use Furnished Apartments as Hotel Rooms
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Making Room is a biweekly opinion column. The views expressed are solely the author’s.
The year-long (and counting) pandemic has caused a large increase in the apartment vacancy rate in Arlington.
While stories of an urban exodus are overblown, national research indicates that the pandemic has decreased the inflow of new residents. Some of Arlington’s landlords have responded to high vacancy rates by lowering rents. This is welcome news for renters who struggle to afford payment or want to upgrade their home.
But landlords also have another tactic to fill vacant apartments, by taking long-existing units off the market for long-term tenants and switching them to hotel units or short-term rentals. The County Board should scrutinize these requests and consider the benefits of abundant housing, even if it means large landlords must charge competitive prices. Renters should be the ones benefiting from the lower demand.