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

Team BC advancing undefeated in junior nationals

A Langley-based team is 6-0, thus far, at the Canadian curling championships.

South Surrey mother ‘never called 911’ after killing daughter, court hears

Crown submits evidence shows Lisa Batstone wanted eight-year-old Teagan to die

Judge annuls hairdresser’s forced marriage to boss’ relative

Woman was told she’d be fired if she didn’t marry boss’s Indian relative so he could immigrate here

Feds earmark $7.5 million to help keep Surrey teens out of gangs

It’s expected as many as 4,730 teenagers in Surrey will benefit from it

A look inside Brendan McLeod’s ‘Brain,’ in Surrey on tour

INTERVIEW: Toronto-based artist at Centre Stage with words and music

VIDEO: Here’s what the B.C. legislature officers are accused of buying

Personal trips, purchases, alcohol and more laid out in 76-page report by Plecas

Former Blue Jays ace Roy Halladay voted into Baseball Hall of Fame

M’s legend Edgar Martinez, Rivera, Mussina also make the grade

Why would the B.C. legislature need a firewood splitter?

First sign of police involvement in investigation of top managers

New Canada Food Guide nixes portion sizes, promotes plant-based proteins

Guide no longer lists milk and dairy products as a distinct food group

Video: Runaway Coquihalla dog returned to owner

Archer, the dog found roaming along Coq. Hwy. on Jan. 19, has been reunited with owner

Liberals look to make home-buying more affordable for millennials: Morneau

Housing is expected to be a prominent campaign issue ahead of October’s federal election

Abbotsford woman speaks out after she fainted and bystanders ignored her

Meghan Canavan says bystanders walked by with no offer of help after she fainted recently

Most Read