October 5, 2016
Vancouver politicians are moving ahead with a staff plan that calls for restrictions on short-term rentals such as Airbnb. The city report, first released last week, urges council to prohibit property owners from renting out vacant properties to short-term rental platforms. Such a move could add up to 1,500 rental properties to Vancouver’s housing market, the staff report said. The city is facing a rental housing shortage, and there are concerns that services such as Airbnb remove much-needed long-term rental housing from Vancouver’s rental market….
Source: http://www.cbc.ca/news/canada/british-columbia/short-term-rental-regulations-1.3793022
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