Profitable Business Ideas for 2024
- Vending machines: The most profitable and innovative business to start in 2024.
- Low investment business ideas: Implement businesses with low investment for good profits.
Rental Market Insights for 2024
New York rentals will see a calmer market in 2024. Inventory shortages led to strong rental competition this year. As inventory rises further next year, rent growth will slow across the city, although a sharp drop is unlikely due to still-limited inventory compared to pre-pandemic. Renters will find relief in an unexpected place: Manhattan.
Regulations and Opportunities in Short-term Rentals
More cities and countries are joining a movement against short-term rentals for tourists, affecting the lucrative Airbnb business. Specific regulations may apply for temporary rentals and tourism activities, such as registering with the National Tourism Registry and paying the parafiscal contribution.