Commissioners voted 4-3 to support the proposed ban, which would grandfather in short-term rentals already permitted by the city. The decision followed more than an hour of public comment, with a majority of speakers opposing the ban.
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About 500,000 people stayed at Airbnb rentals in the Las Vegas area last year, the company reports. That’s almost double the amount of visitors in 2016.
The party’s over in downtown high-rises — that’s the message Las Vegas officials sent this week as the city continues to crack down on short-term rentals.
As Nevada grapples to address a massive shortage of affordable housing, state officials fear federal tax reform has stymied a long-standing funding resource.
The Las Vegas City Council will consider next week selling a slice of Symphony Park to a developer who wants to build 299 apartments and 4,000-square-feet of retail space for $2 million.
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