Post date: Nov 20, 2017 7:49:15 AM
A mortgage plan which makes housing affordable and accessible for residents is possible to do in a tourist based city by using vacation rentals. However the amount of income needed to support the high cost of housing requires that the rented private room is occupied for a large majority of the year. This is something which is very hard to achieve, the average rate of different areas around the historic city of Venice has a max of 60 percent. This is not nearly high enough for some structures to work. In order to eliminate this problem different mechanisms are being evaluated. Such mechanisms include renting the full apartment out for a length of time during the high tourist season as well as the possibility of obtaining an apartment of more than 2 rooms so you may rent many rooms at once. Both options have proven to help alleviate the problem of high occupancy.