Homeowner, housing group fighting Summit County’s short-term rental rules

  • 📰 denverpost
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

A recent lawsuit about short-term rental regulations in Summit County is bringing attention to an issue flummoxing many of Colorado’s mountain towns ahead of the winter ski season: how to kee…

to the county’s related regulations went into effect, placing caps on short-term rental licenses that would cut the number of those properties across four areas.” in which short-term rental operators let their licenses lapse into inactivity.

The group is made up of almost 90 members who own “property in at least one of 21 neighborhoods across unincorporated Summit County,” according to the lawsuit. Members average more than 35 short-term rental bookings annually. Instead, many Summit County Resort Homes members “face serious financial hardship if the county’s limits and prohibitions on short-term rentals are allowed to stand,” he said. “Some local workers — the very persons the regulations are intended to help — even stand to lose their only homes.”

He hosts around 65 bookings in an average year, so the county’s booking limitations “will cost Mr. Ruelle tens of thousands of dollars in lost rental income,” the lawsuit says. The county transitioned from permits to licenses in 2021 through Summit County Ordinance 20, but it still didn’t place caps or booking limits on rental properties in the county’s unincorporated areas, the lawsuit details.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in PROPERTY

Property Property Latest News, Property Property Headlines