Quote:
Originally Posted by GLOW
yes 100+ reviews and short term rental (low chance of squatting) sounds great.
is airBnB allowed in vancouver? i recall in the news it was getting shitted on due to the complaints of affordable housing and this adding to the problem.
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Yes, although there are a number of buildings in DT and around the city which have strata bylaws which forbid short term rentals (anything under 30 days).
But if you own a detached home, or have a suite in your home, there is absolutely nothing that will stop airbnb.
EDIT:
Quote:
Originally Posted by westopher
1.3 million is for the house, not the suite you are renting. That does look fairly nice though. I'd be happy living there.
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Oops, good point, I looked at it quuickly, don't know why I thought it was the whole house.
Regardless it appears like vancouver and DT is the main area where rental prices have spiraled out of control, I see plenty of basement suites and stuff within North van and burnaby which seem reasonable. But if you look DT there is some 1000sqft places which want like 5-7k rent. That's a bit out of control. I can't remember it being that high even 2 years ago.
Quote:
Originally Posted by winson604
It is not permitted under Vancouver b/c the bylaw states that only a hotel or Bread and Breakfast can do short term rentals which means rentals under 1 month.
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I've never heard that before, so your saying the actual City bylaws prevent short term rentals?