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Las Vegas Officials Vote Down Short-Term Rental Expansion

LAS VEGAS (AP) — Las Vegas officials have struck down a proposal that would have allowed more short-term rentals to operate in condominium buildings and other multifamily complexes.

 

The Las Vegas Sun reports the city council voted Wednesday against the amendment that would have permitted up to 5 percent of a complex's units to be rented out for fewer than 31 days.

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The council in December approved an ordinance that requires homeowners to remain at their property if they rent it out for brief periods. It also limited the number of short-term rentals allowed in areas.

 

Councilman Bob Coffin's amendment would have eliminated the owner-occupancy requirement for multifamily developments.

 

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He says his proposal would have corrected the previous ordinance's "overreach." He says the previous measure punishes owners looking to earn rental income.