Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Select Region
Selecting your primary region ensures you get the stories that matter to you first.
VANCOUVER – The City of Vancouver says nearly 1,000 short-term rental units are no longer advertised after it introduced new rules to free up more housing for long-term tenants.
The regulations took full effect in September but were introduced earlier this year, and since April some 963 short-term rental units are no longer listed.
The city says staff have opened more than 1,600 case files and pursued enforcement actions against unauthorized units including 363 investigations and audits.
It says 126 tickets have been issued and three licences have been suspended.
The new rules mean operators can only advertise their primary residence and must have a business licence and post the licence number in their listing.
Mayor Kennedy Stewart says in a statement that more than half of Vancouver’s population rents their home so increasing rental housing supply is paramount.
“We are committed to ensuring residents have access to the homes they need and can afford, and are pleased these short-term rental regulations are having a positive effect on the city’s long-term rental housing supply,” he says.
News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.