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BC cracking down on short-term rentals with increased fines, new enforcement

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The B.C. government has introduced new legislation to regulate the rapidly expanding short-term rental market in an attempt to return homes to the long-term rental market.

The laws are being put in place to crack down on a massive increase in vacation rentals by owners. This may include rental listings on online platforms such as Airbnb, VRBO, Expedia, and FlipKey.

Under the new rules, when passed, British Columbians will legally only be able to rent out a primary residence and one more additional secondary suite as a short-term rental. Richard Zussman reports.

For more info, please go to https://globalnews.ca/news/10027665/bc-short-term-rental-market-legislation/

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#GlobalNews #housingcrisis #shorttermrentals
Category
U.S. & Canada
Tags
global news, short term rental rules bc, short term rentals bc
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