Posted inBusiness, Housing, News

Colorado mountain communities vote “yes” on new short-term rental fees but reject heavier regulation

Colorado voters in several resort communities approved increased fees and taxes meant to squeeze more revenue for affordable housing from short-term rentals. But voters in end-of-the-road Crested Butte and Telluride stopped short of heavier restrictions intended to slow and limit short-term rentals in the tourist-dependent communities. Jim Day, who is retired and lives part time […]

Posted inHousing, News, Outsider

A flurry of policy experiments in Colorado serves as “regional laboratory” for regulating, limiting short-term rentals

Winter Park and Breckenridge are offering big incentives to homeowners who convert their short-term rental properties to housing for locals.  A program called “Short-Term Fix” offers homeowners up to $20,000 for converting their Winter Park vacation homes to housing for locals.  The Town of Breckenridge and Summit County last week unveiled a similar program. The […]

Posted inBusiness, Housing, News, Newsletters, Outsider

An end of unfettered growth for short-term rentals in Colorado’s resort communities

Visitors to the 13-bedroom Little Mountain Lodge above Breckenridge’s historic downtown have supported the tourist town’s economy for many years.  They book snowmobile rides. They rent bicycles and ski. They reserve tables and rooms in local restaurants. “All the business owners in Breckenridge who rely on visitor spending, they are getting it from my group,” […]

Posted inBusiness, Housing, News, Outsider

Flooded with tourists, Colorado mountain towns are starting to limit short-term rentals to combat housing crisis

Short-term rental properties are under fire in the Colorado mountains as communities weather record traffic, a surge of new residents, soaring home prices and a painful shortage of workers. “We are beaten down. Everybody is overworked. We have way too many people here and it’s not sustainable and it’s not productive,” Martha Keene, a longtime […]