Well this is some interesting legislation. It looks like NH wants to turn itself into a elitist colony..... If some of this legislation passes, look for lake front property sales to increase.... I don't think the market will be flooded, so properties will not start loosing value... but I think with the increased tax burden a number of folks will decide it is no longer worth trying to hold onto their homes.
Really I think the intention of all this legislation is to try and curb the short term rental investment frenzy brought forth by VBRO, and such....... Why the state is trying to tackle this problem is interesting...
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Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....
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