Although we are reducing our rents at these certain units, the economic benefit for us as a ... families or seniors hundreds a month in rent. "So if you move into a neighborhood, you wind up ...

This was decided at the July 10 meeting of the National Economic Action Council which recognised that rent-seeking has a negative impact on the economy. Estimated losses from rent-seeking reached ...

"It's an important source of income for us," he said . It's unclear exactly how much money the rentals contribute to the local economy, but it's estimated to be in the millions annually.

Arizonans for Responsible Tourism gathered with short-term rental hosts at the Arizona Capitol Thursday to praise the impact on the economy.