Vancouver rules for short-term rentals to ease city’s vacancy rate: mayor

Operators will only be able to advertise their principal residence

The city of Vancouver is moving to legalize short-term rental accommodation like Airbnb but operators will only be able to advertise their principal residence.

Vancouver Mayor Gregor Robertson says the move is to protect and free up rental housing in response to a critically low vacancy rate.

READ: Airbnb to collect provincial sales tax in B.C.

There are roughly 6,600 short term rentals posted online, and more than 80 per cent will remain legal under the program.

Operators will be required to apply for a business licence by Sept. 1 and include the number in their listing, which Airbnb has agreed to make as a requirement on its platform.

The cost of the license is $49 annually, and operators must have permission from their landlord or condo board and adhere to fire and safety standards.

There are about 1,000 units currently listed that are not an operator’s primary home and Robertson says they should go back on the rental market, or be subject to a $1,000 a day fine.

“Housing here is for homes first and be used as a business after that and be taxed as a business appropriately,” Robertson says.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Chilliwack hockey fans, community, gather to pay tribute to Humboldt Broncos

Hundreds take part in Chilliwack Chiefs event at Prospera Centre

Crash closes Highway 1 near No. 3 Road

Both eastbound and westbound lanes affected

Where are you now, Justin Beaver?

Fraser Valley Regional District hoping beloved teaching aid will be returned

Semi-rollover closes traffic on Highway 1

Vehicle incident east of No. 3 road has shut down highway in both directions

Broken bones won’t break Chilliwack athlete’s spirit

Football and rugby player Liam Dallas has endured a long list of injuries and keeps going strong.

Unofficial “Mayor of Downtown Chilliwack” honoured by MLA in legislature

Harold Zinke has worked for 19 years to keep Chilliwack’s streets clean and events running smoothly

Builder of Kinder Morgan reinforces concerns over project

B.C. heads to court over pipeline jurisdiction as builder says doubt warranted

Health committee cheers idea of national pharmacare program, but cost an issue

Conservative health critic Marilyn Gladu says she fears costs could be far higher than $19 billion

Canada’s oldest blood donor says it’s all gain, no pain after decades of giving

Great-grandmother and Coquitlam, B.C., resident has been donating blood since the late 1940s

Union says Trump bullying threatens hundreds of B.C. pulp mill jobs

Fear mounts that new U.S. anti-dumping duties could price Catalyst mills out of business

B.C. real estate regulator to undergo NDP review

B.C. real estate agents were self-regulated until 2016, when BC Liberals appointed superintendent

B.C. pizza shop broken into 4 times in 2 weeks

A Vernon business owner is beginning to feel targeted

Buses would pick up West Coast Express riders if job action

If CP Rail workers strike, TransLink will bus commuters to Skytrain

Most Read