VANCOUVER — The city of Vancouver is looking to create new regulations to control short-term housing rental services such as Airbnb, reports CBC News.
Vancouver City Council has instructed city staff to gather input from the tourism and hotel industries and study the impact Airbnb and similar services have on the rental property market.
There is rising concern in the city over the effect short-term housing rentals are having on Vancouver’s rental-housing market. Current Vancouver bylaws do not allow a person to rent a unit for less than 30 consecutive days without a bed-and-breakfast license.
Airbnb Canada has stated it is willing to work with cities to create better regulation for short-term rentals [cbc.ca].