In late May 2022, Atlanta’s city council extended a compliance deadline from June 1st to September 6th that involves harsh restrictions on short-term rental properties.  The ordinance was met with mixed reviews, as its intent was to preserve the local economy, but critics suggest it does the opposite.

In late May 2022, Atlanta’s city council extended a compliance deadline from June 1st to September 6th that involves harsh restrictions on short-term rental properties. The ordinance was met with mixed reviews, as its intent was to preserve the local economy, but critics suggest it does the opposite.

Similar ordinances may become more and more popular for populus cities expanding at a similar rate.  Under the ordinance, people can only own two Airbnb or short-term rental units, and one must be their primary residence. You must be a resident of Atlanta, pay $150 annually for a permit, and pay an 8% tax rental fee.  

Perhaps the easiest ‘in’ is through one of several real estate investment offerings on Benzinga's Alternative Investments Hub.

If you’re unable to capitalize on the population boom in Northern Georgia, because the city has locked you out, you can’t afford a down payment, etc. Explore your options with REITs. Traditionally, REITs have been more stable than traditional stocks during turbulent times, and are seen as one of the safer alternative investments.