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Vacation paradise will pay millionaire homeowners to give up houses for a year

Vacation
New York Post Fews App News Provider
Fews App Post Time há 20h

South Lake Tahoe millionaires are being offered cash incentives to give up their second homes in the vacation oasis for a year in order to increase affordable housing for local workers, but there’s a catch. The offer is part of the Long-Term Rental Incentive Program (LTR) in the city of South Lake Tahoe. In return for millionaires giving up their second homes for a year, the city will give wealthy property owners $4,500 for those who agree to a 12 month lease.

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