Aspen council passes laws limiting and accounting for residential growth - AspenTimes.com
Summary
Aspen, CO has passed new laws to limit and account for residential growth. This potentially impacts short-term rental hosts in Aspen by possibly restricting the number of STRs allowed or increasing regulations. Hosts in Aspen should review the new laws and ensure they are compliant.
Key Insights
- •The Aspen council passed laws limiting residential growth. The specific details of the limitations aren't provided in the article.
Action Items
- ✓Hosts in Aspen should review the new laws to determine how they impact their STR operations.Effort: lowImpact: medium
Common Mistakes
- ⚠Hosts who fail to comply with the new regulations may face penalties or be unable to continue operating their short-term rentals.
More from Regulations & Compliance
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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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