Airbnb is not the only company peddling properties for short-term rent.
It has come to the point where it is cheaper to rent - short-term and long-term - because you need to factor in the closing costs, maintenance, insurance, property taxes, all those kinds of things that you're not necessarily have to worry about when you rent.
He said the UK housing market was "unusual in that there is no institutional sector in building homes for rent to get a long term rental income".
BBC: UK private rental sector must grow, says Montague report
If you leave California, sell your residence or at least rent it out on a long-term lease.
Most of the world's exchanges are more concerned with paying their rent next month than with long-term planning, he says.
It would also give greater security to families who rent and remove the barriers preventing longer term tenancies, he pledged.
Richard Parker said that some of the investment required in their medium to long term plan would come from rent increases.
Cloud computing "is a catch-all term for the ability to rent as much computer power as you need without having to buy it, without having to know a lot about it, " McAfee says.
Chan regularly gets calls from boat agents asking to see if he'd rent out his berth on a short-term monthly basis, but he tells them to sail elsewhere.
In contrast, land can produce both near-term cash flow and long-term price appreciation (timberland produces lumber, farmland produces crops or rent, etc.).
Rather than simply buy a pied-a-terre in an enviable locale by which to park money as a long-term investment, more wealthy buyers are snapping up properties that they can rent out as income-producing assets.
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Given this risk, it may be better to sign a long-term lease at a low rental rate than to hold out for a premium rent in a year or two.
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