Laura Waxmann - Profile and Journalist Details
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Verified
Business Reporter, San Francisco Chronicle
San Francisco
Beats
interest rates, equities economics, federal reserve commodities, financial markets currencies, monetary policyfinance, wall street
Content
This luxury vacation homes startup is gaining popularity. Some California cities call it a nightmare
By Laura Waxmann Verified| San Francisco Chronicle Verified “The biggest problem that we have is the cost of housing, and if you have companies coming in and buying up homes for the kind of prices that they buy houses at, that’s driving up the price of properties,” said Sonoma Mayor Patricia Farrar-Rivas, whose city was the first to ban timeshares and fractional ownership in 2022.
This luxury vacation homes startup is gaining popularity. Some California cities call it a nightmare
By Laura Waxmann Verified| shorturl.at@ When Austin Allison first set out to solve what he identified as an “empty second homes problem” in idyllic California vacation destinations through co-ownership, his team took a page from the Silicon Valley playbook: When the mission is to disrupt the $1.3 trillion vacation home market, ask for forgiveness rather than permission.
This luxury vacation homes startup is gaining popularity. Some California cities call it a nightmare
By Laura Waxmann Verified| San Francisco Chronicle Verified “The biggest problem that we have is the cost of housing, and if you have companies coming in and buying up homes for the kind of prices that they buy houses at, that’s driving up the price of properties,” said Sonoma Mayor Patricia Farrar-Rivas, whose city was the first to ban timeshares and fractional ownership in 2022.
Company Info
San Francisco Chronicle
Hearst Corporation is a diversified global media, information, and services company founded in 1887 by William Randolph Hearst. It began with the acquisition of the *San Francisco Examiner* and has since expanded into a national newspaper chain. Hearst operates in various industries, focusing on innovation, integrity, and community impact. The company offers a wide range of services, including media and entertainment through its ownership of 35 television stations and partnerships with cable networks like A&E and ESPN. Hearst also publishes 24 daily newspapers and over 200 magazines worldwide, such as *Cosmopolitan* and *Esquire*. In addition, Hearst provides financial services through Fitch Group, which specializes in credit ratings and financial analysis. Its healthcare division, Hearst Health, delivers medical data analytics and clinical decision tools, while CAMP Systems International offers SaaS solutions for aircraft maintenance management. Hearst is committed to informing and inspiring audiences while investing in technology to enhance healthcare outcomes and promote investigative journalism.
New York, New York, United States
+1 214-618-9003
Founded: 1887