Absolutely nothing about moving out of your home while it undergoes repairs is easy or pleasant. Aside from the stress that the catastrophic damage inflicts when it happens, moving out of your home and completely displacing your family is never a straightforward process. But unfortunately, situations arise where it’s necessary to submit a property insurance claim for substantial home damage. When that happens, you’ll need to know a thing or two about short-term rentals.
In recent years, there’s been widespread real estate anxiety as the cost of living in cities across the United States has steadily increased. In fact, in 2018, there was a 2.8% increase in the cost of living, the highest jump we’ve seen since 2011. While the cost of living is calculated by a wide variety of variables, it heavily relies on housing costs, and the price of houses has been rising almost universally in the United States up to this point.