By 2008, the four-story hotel was headed towards bankruptcy and the mortgage holder bought it a few years later.

Source: https://www.forbes.com/sites/willyakowicz/2023/06/18/the-inside-story-of-las-vegas-first-cannabis-friendly-hotel/

For the average variable rate mortgage holder with a $500,000 loan and 30 years remaining, another cash rate hike will add $1051 to monthly repayments compared to April 2022.

Source: https://thenewdaily.com.au/news/politics/australian-politics/2023/03/06/labor-tax-cuts-super/

People can now report these rentals and if deemed illegal the city will notify the mortgage holder and insurance company and often times they will be taken to court.

Source: https://www.chch.com/niagara-falls-cracking-down-on-illegal-vacation-rental-units-as-numbers-rise-above-1000/