Are more Airbnbs good or bad for Milwaukee neighborhoods?

“For Sale” and “For Rent” signs have become harder to find in Milwaukee’s popular Bay View neighborhood. “When there’s a shortage of supply or available homes like there is right now, demand is high,” said Pedro Rivera, owner of reThought Real Estate in Bay View. “So, when there is a property available, it becomes much more expensive and harder to afford.” Because of this, Rivera says investment companies can make more money buying properties and turning them into Airbnbs rather than long-term rentals. READ: https://www.tmj4.com/news/local-news/are-more-airbnbs-good-or-bad-for-milwaukee-neighborhoods