Flooded with tourists, Colorado mountain towns are starting to limit short-term rentals to combat housing crisis - The Colorado Sun
Summary
Some Colorado mountain towns are starting to limit short-term rentals due to the housing crisis caused by a flood of tourists. Hosts should stay informed about potential local regulations regarding STRs to avoid problems.
Key Insights
- •Colorado mountain towns are starting to limit short-term rentals.
Action Items
- ✓Check local regulations in your area to stay informed about potential limitations on short-term rentals.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with new regulations could result in fines or other penalties.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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