Week of November 10, 2025The government’s back open, economic data is catching up, and housing is starting to show life again!

How can Memphis government workers get away with something so disgraceful?

To me, that says that -- no evidence to the contrary -- he rented out in violation of the town ordinance and (my take) now wants to whine that he got caught.AirBnB and other short term rentals (STR) need to be regulated because they impose externalities on neighbors and deprive local governments of revenue and -- depending on circumstances -- pose unfair competition on local hostelries.

They came with opinions from the BIG 8 accountants that the tax losses complied with IRS regulations.  

Labor shortage due to COVID government payments.  5.  

Cities that already regulate STRs have essentially already gone through the political battle, but cities without rules are often still preparing for that fight.2.

The flip is that all the counties to the south (those nearest WDW) are where a majority of the STR's currently reside due to more lax regulations on STR's.

The government affairs director for Columbus realtors and the same for Columbus apartment association has already been in talks with them.I spoke with the city council member that is proposing this last night.

It's one of myriad reasons the city is less prosperous than the surrounding county with a libertarian mayor (Glenn Jacobs - Kane of WWE fame) who is much more laissez faire with housing regulations than the increasingly protectionist city government - but on the other hand there aren't many hotels and speakeasy bars outside of downtown!

Selling the property just to comply with a city that, ironically, provides no sewer, no asphalt, no public lighting, overgrown weeds, and deteriorated access roads in that same area would effectively mean shutting down their business and losing their livelihood.That’s a power inequity where the government can obliterate a small business over paperwork.