Denver’s local government found itself entangled in this complex web of short-term rentals (STR) related challenges. Struggles to monitor ordinance compliance, coupled with reports of damage to neighboring properties and increasing disputes, added layers of complexity to their predicament.
Beyond the immediate community impact, the hidden ramifications on the city’s resources were equally significant. With inadequate visibility into the revenue forecast and a rising drain on community services, the STR conundrum was quietly eroding the city’s fiscal health and strategic planning capabilities.
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Website: | Visit Publisher Website |
Publisher: | Avenu Insights and Analytics |
Published: | July 7, 2023 |
License: | Copyrighted |
Copyright: | © 2023 Avenu Insights & Analytics |