Aspen government officials doing a ‘stop, go’ on residential development - AspenTimes.com
Summary
This article discusses government officials in Aspen, CO, and their approach to residential development, which could include short-term rentals. Hosts in Aspen should monitor local regulations and any potential changes to development policies that may impact their ability to operate.
Key Insights
- •The article focuses on local government actions regarding residential development. This implies potential changes to regulations affecting short-term rentals, given that they are often classified within residential zones.
Action Items
- ✓Hosts should monitor the Aspen government's actions and announcements related to residential development and short-term rentals to understand the evolving regulatory landscape.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay informed about changes in local regulations could lead to non-compliance, resulting in potential fines or the inability to operate.
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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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