A new ordinance approved by the Denver City Council yesterday grants legitimacy to an "already flourishing vacation rental market."
"The Denver City Council late Monday passed a measure to allow short-term rentals in private residences," reports Carlos Illescas. Additional details on the ordinance:
The measure gives owners the ability to rent out a primary residence for less than 30 days. The new rules, which take effect July 1, will let owners rent out individual rooms or garage apartments on quiet residential blocks to people to use while traveling. Also, the homes can be rented out when the owner is away.
Illescas also offers an account of the public debate that accompanied the City Council vote. One casualty of that vote: a proposal to expand the measure to also allow short-term rentals in second homes and investment properties. Jon Murray provided additional coverage of the issues leading up to the City Council vote.
FULL STORY: Denver City Council passes short term rentals
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