Aerial view of apartments and condo buildings in Vancouver's West End neighbourhood, near English Bay. Taken Jan. 20, 2022.
B.C. has put in place new legislation to help municipalities regulate short-term rentals on sites like Airbnb, which provincial and municipal leaders say is affecting the availability and price of long-term housing.and include increasing fines for hosts breaking local municipal bylaw rules to $3,000 per infraction, per day, from $1,000.
B.C. Housing Minister Ravi Kahlon said the rules are meant to target operators who rent out multiple units over the short-term in residences where they do not live themselves. The legislation limits short-term rentals to within a host's home, or a basement suite or laneway home on the property where they reside.More than a dozen resort municipalities, mountain resort areas, electoral areas including the Gulf Islands, and most municipalities with a population under 10,000 people will initially be exempt from a principal residence requirement but can opt in if the local government decides to.but struggle to enforce them.
Next summer, short-term rental platforms will have to share data with the province and a provincial registry for platforms will be mandatory by late 2024. "The B.C. government's proposed legislation won't alleviate the province's housing concerns, instead it will take money out of the pockets of British Columbians, make travel more unaffordable for millions of residents who travel within B.C., and reduce tourism spending in communities where hosts are often the only providers of local accommodations."
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