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

Maple Ridge writers and readers fest for anyone who loves books

Great Canadian Literature Tea tickets selling fast

Untrending : Storm shows value of community

Reminder we are vulnerable to nature’s whims.

OCOP: Producing the Coolest Coffee Table Book Ever

Sean Nosek talks about his friendship with street artist Ken Foster

Gardening: Autumn planters 101

Many growers have tapped into to that autumn urge for fresh flowers.

Vancouver Giants earn a weekend sweep against Everett

Langley-based hockey team plays its next game is at home on Friday, Sept. 28, against Seattle.

Environment Canada confirms Ottawa area hit by two tornadoes Friday

At one point more than 200,000 hydro customers were blacked out

Phase 2 of $1.35B Royal Columbian upgrades won’t be a public-private partnership

B.C. Health Minister Adrian Dix says it will be a design-build

Trump drains oxygen from Trudeau foreign policy with PM, Freeland bound for UN

A lot has changed since the Liberals came to power in Canada in 2015

B.C. man fined $15,000, barred from trading securities for fraud

Larry Keith Davis used money from an investor to pay personal bills

Emergency crews investigate small sulphuric acid spill in Kootenays

IRM states a small volume of less than one cup and three dime-sized drips were leaked from carrier

Family, friends of B.C murder victim want killer sent back to max security facility

Group wants convicted murderer Walter Ramsay sent back to a maximum security facility

Man facing charges after allegedly climbing into police car, spraying fire extinguisher

Vancouver police say the man appeared to be under the influence of drugs

Porsche impounded for going 138 km/hr in 90 zone during charity rally

West Vancouver Police said wet roads and heavy rain made it extra dangerous

Most Read