ALBUQUERQUE, N.M. (KRQE) – Albuquerque City Council made a decision Wednesday night that could have impacted the number of short-term rentals in certain parts of the metro.
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“We acknowledge that there is a housing shortage in Albuquerque and every short term rental removes a home from our already short housing supply,” said Albuquerque City Councilor Joaquin Baca at the meeting Wednesday night.
Councilors Baca and Nichole Rogers co-sponsored the bill to limit the number of short-term rentals available in certain parts of the city. The ordinance failed on a 3 to 6 vote.
The bill would have also not allowed some permits if they were close to another property being rented out on sites like Airbnb.