I’m Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe” column, I’ll be answering your real estate questions as well as providing market information and housing statistics.
I believe the main responsibilities of a Realtor are to add value and facilitate mutually beneficial transactions, and through this column I hope to help the New Orleans community make more informed decisions about their housing future.
Yo Joe! Do you think that new regulations on short term rentals will have an impact on the housing market? If so, in which way?
It will definitely impact the market to some extent. Anything that creates uncertainty in what has otherwise been a lucrative sector of the market will have some sort effect on the market as a whole.