Thu Sep 19 11:26:59 UTC 2024: ## Durango Residents Divided Over Proposed “Vacancy Tax” on Empty Homes

Durango, CO – A proposed legislation allowing municipalities to implement a “vacancy tax” on empty homes and short-term rentals has sparked debate among residents. The idea, championed by the Colorado Association of Ski Towns (CAST), aims to address the affordable housing crisis by encouraging homeowners to rent to locals.

CAST argues that the tax would be a local decision, allowing communities to levy the tax if they deem it necessary. The revenue generated would then be used to fund local housing efforts.

However, some Durango property owners, particularly those who own second homes and use them intermittently, oppose the proposed tax. They argue that they already pay property taxes and homeowner association dues, contributing to the local economy through their visits.

One resident, Monty Davis, expressed concerns that the tax would unfairly target those who use government services less frequently, potentially driving away part-time residents and their revenue. He also questioned the potential for the tax to be used for political gain or to artificially lower property values.

Others, like La Plata County resident Kristin Moran, oppose the proliferation of short-term rentals, seeing them as a contributing factor to the housing shortage. She believes that limiting short-term rentals and incentivizing long-term rentals would be a more effective solution.

The debate highlights the complex issue of affordable housing in Durango and across Colorado. While some see a vacancy tax as a potential solution, others argue that it would have unintended consequences. The city of Durango currently lacks a citywide cap on vacation rentals, making it difficult to determine the full extent of the issue.

With the proposal still in its early stages, CAST is currently reaching out to stakeholders to further develop the legislation. It remains to be seen whether communities like Durango will choose to implement a vacancy tax or explore alternative solutions to their affordable housing challenges.

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