Vancouver Bans AirBnB Rentals on Second Homes, Laneway Houses<\/p>\n
Mayor Gregor Robertson sets out strict plan for regulating and taxing all short-term rentals.<\/p>\n
Strict new measures to regulate and tax short-term rentals under systems such as AirBnB, HomeAway and VRBO were announced by Vancouver Mayor Gregor this week, as the City looks for ways to ease the sub-1% rental vacancy rate.<\/p>\n
The no-nonsense measures are designed to encourage the \u201chome sharing\u201d aspect of short-term rentals, but to ban investors from renting out investment units on a short-term basis, in order to free those units up for the long-term rental pool.<\/p>\n
The new rules were expected, as the City had previously announced its intention to crack down on short-term rentals, particularly on investor-owned units, but the details had not been released until July 6.<\/p>\n
“Housing is first and foremost for homes, not to be operated as a business,” Mayor Robertson told reporters on Wednesday.<\/p>\n
Under the new system, residents (home owners or renters) will only be able to rent out rooms in their principal residences on a short-term basis. To do so, they will be required to obtain a business license, which will cost $49 a year, and publish their business licence number on all advertisements. They will also have to pay as much as a 3% \u201ctransaction fee\u201d tax on each stay, which will be taken by the rental operator (such as AirBnB) and passed on to the City.<\/p>\n
View the fill article\u00a0here.<\/strong><\/a><\/p>\n Credit REW<\/p>\n","protected":false},"excerpt":{"rendered":" Vancouver Bans AirBnB Rentals on Second Homes, Laneway Houses Mayor Gregor Robertson sets out strict plan for regulating and taxing all short-term rentals. Strict new measures to regulate and tax … [read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/546"}],"collection":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/comments?post=546"}],"version-history":[{"count":1,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/546\/revisions"}],"predecessor-version":[{"id":547,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/546\/revisions\/547"}],"wp:attachment":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media?parent=546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/categories?post=546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/tags?post=546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}