InvestUP, region’s planning groups launch rent study
A survey is being done this month to look at the rental housing situation in the Upper Peninsula, a persistent area of concern in the region. The lack of affordable housing has been exacerbated this decade by a combination of rising rent prices and the growth of short-term rentals that are typically booked for 30 days or less via platforms such as Airbnb or Vrbo. The University of Michigan’s Michigan Public Policy Survey of local governments across the state in 2023 found officials at cities, villages and townships in the Upper Peninsula were the most likely to express concern about ...