Les Leyne: Short-term rental crackdown was a long time coming

Canada News News

Les Leyne: Short-term rental crackdown was a long time coming
Canada Latest News,Canada Headlines
  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

The last decade or so was taken up by ineffectually dabbing at the problem and bringing in measures that didn’t accomplish much of anything

It took only a few years for online short-term rentals to go from a cool new app providing cheap accommodation to a perceived worldwide menace that is distorting the rental-housing market and locking people out of badly needed housing.But it started going bad years ago. In B.C. and elsewhere, the last decade or so was taken up by ineffectually dabbing at the problem and bringing in measures that didn’t accomplish much of anything.

Illegal vacation rentals annoy next-door condo dwellers and compound the rental crisis by taking units from the pool that permanent residents need, they said.The concept that tourists needed cheap places to stay and homeowners could rent out suites to help cover their own costs was countered by complaints about “ghost hotels,” noisy strangers next door, and tax unfairness.

Later that year, the government strengthened condo strata rules so buildings with limits on short-term rentals could hike the fines for contraventions from $200 to $1,000. It aims to curtail the practice in most communities around B.C. starting next spring and eradicate the option completely for absentee owners in most larger communities.

In one of the City of Victoria’s crackdowns, restrictions were imposed, but about 1,600 hosts were exempted and continued to operate as “legal non-conforming.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PGCitizen /  🏆 65. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Les Leyne: Short-term rental crackdown was a long time comingLes Leyne: Short-term rental crackdown was a long time comingThe last decade or so was taken up by ineffectually dabbing at the problem and bringing in measures that didn’t accomplish much of anything
Read more »

Will B.C.'s short-term rental laws come up short?Will B.C.'s short-term rental laws come up short?B.C.'s new provincial short-term rental laws will force hosts to declare their homes as primary residences, with information going to a new registry that will be accessible by Canada Revenue Agency.
Read more »

Mixed reviews on B.C.'s plan to crack down on short-term rentalsMixed reviews on B.C.'s plan to crack down on short-term rentalsIn an effort to correct the housing crisis in B.C., the province is cracking down on short-term rentals. It will be rolling out new legislation that it hopes will help put more long-term rental units back into the market.
Read more »

Recipe: Coconut-lemongrass braised beef short ribs and lemon riceRecipe: Coconut-lemongrass braised beef short ribs and lemon riceDirty Apron Cooking School chef David Robertson shows how to make a delicious dish that is perfect for a cool fall day. The cook time will be worth the wait.
Read more »

Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman SachsHedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman SachsMarket News
Read more »

B.C. to bring in new rules on short-term rentals to create more housingB.C. to bring in new rules on short-term rentals to create more housingVICTORIA — The British Columbia government has introduced new legislation aimed at increasing badly needed rental housing, in part by forcing those offering short-term accommodation to live on the property they're renting.
Read more »



Render Time: 2025-02-22 01:51:02