Short-term rental restrictions saved B.C. tenants more than $600M: study
- Restrictions on short-term rentals in British Columbia have reduced rents by 5.7 percent, saving tenants over $600 million last year, according to a report led by the Canada Research Chair in Urban Governance.
- The regulations, effective May, require listings on platforms like Airbnb to be in the operator’s primary residence and one secondary suite.
- The report predicts tenants in cities could see a 4 percent rent decline, saving $592 million annually by 2027, assuming similar efficiency to municipal rules.
18 Articles
18 Articles
B.C. short-term rental restrictions reducing rents, saving tenants millions: study
A report led by the Canada Research Chair in Urban Governance says restrictions on short-term rentals in British Columbia have reduced rents by 5.7 per cent, saving tenants more than $600 million last year
Short-term rental restrictions reducing B.C. rents, study finds
A report led by the Canada Research Chair in Urban Governance says restrictions on short-term rentals in British Columbia have reduced rents by 5.7 per cent, saving tenants more than $600 million last year.
Study finds short-term rental restrictions in B.C. reducing rents, saving tenants millions
Crackdowns on short-term rentals in British Columbia have effectively reduced rents by 5.7 per cent, saving tenants more than $600 million last year, says a report led by the Canada Research Chair in Urban Governance at McGill University. That figure is the result of municipal restrictions, in particular requirements that short-term rental units must be located within the operator’s principal residence. In Vancouver, for example, the report says…
Coverage Details
Bias Distribution
- 83% of the sources lean Left
To view factuality data please Upgrade to Premium