TIL - Investors are buying up properties as investments in resort towns and they can be rented as high as 45k per week

Resort towns face an exaggerated version of this crisis. Havens beset by the 1 percent—like Jackson Hole, Wyoming; Vail and Aspen, Colorado; and Nantucket, Provincetown, and the Vineyard in Massachusetts—have seen working- and middle-class housing disappear. Seasonal rental properties, including Airbnbs, often cannibalize...