Page 3 - Heather Sloop News Today

Short-term rentals such as those booked through Airbnb and Vrbo have squeezed small towns’ limited housing supply and sent rents skyrocketing for full-time residents.

The Colorado ski resort Steamboat Springs has passed regulations for short-term rentals, such as those booked on Airbnb, amid a severe housing crisis. The ordinances prohibit new short-term rentals in most of the city and require landlords to obtain a license to operate.

STEAMBOAT SPRINGS, Colo. (AP) — In the Colorado ski town of Steamboat Springs, motels...

Because Colorado ski resort Steamboat Springs is facing a housing crisis, the town passed a ban on new short-term rentals in most of the town, such as those booked on Airbnb.

Vacation towns facing low housing supply, from Lincoln County on Oregons coast to Ketchum in Idaho’s Smoky Mountains, are grappling with how to regulate the industry.

Steamboat Springs is part of a wave of vacation towns across the country facing a housing crisis and grappling with how to regulate the industry they point to as a culprit: Short-term rentals such as those booked through Airbnb and Vrbo that have squeezed small towns’ limited housing supply and sent rents skyrocketing for full-time residents.

Short-term rentals have become increasingly popular for second homeowners eager to offset the cost of their vacation homes and turn a profit while away.

Short-term rentals such as those booked through Airbnb and Vrbo have squeezed small towns’ limited housing supply and sent rents skyrocketing for full-time residents.

STEAMBOAT SPRINGS, Colo. (AP) — In the Colorado ski town of Steamboat Springs, motels line the freeway, once filled with tourists eager to pitch down the slopes or bathe in

Steamboat Springs is part of a wave of vacation towns across the country facing a housing crisis and grappling with how to regulate the industry they point to as a culprit: Short-term rentals.