Source: Business Insider
Matthew DeFeo for BIRoss Bowdey was trying to be reasonable. Residents of his hometown of Boulder had been dreaming big for months: The Sundance Film Festival was slated to make its Colorado debut there in January, and many homeowners figured they could make a killing by renting their places to the regular crowd of celebrities and cinephiles. But Bowdey, a longtime property manager, cringed at the lofty dollar figures being floated — in some cases, nearly $10,000 a night for homes that had no business asking that much.
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