Quote:
Originally Posted by meme405
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:
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.
I've never heard that before, so your saying the actual City bylaws prevent short term rentals?
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Correct, but having a Bylaw and enforcing them is a completely different story. I don't know how much enforcement if any has actually been carried out yet to be honest.
The Bylaw falls under Licensing so it's 2 fold.
#1 - You're required in the City of Vancouver to get a Business Licence when operating a Business i.e. so renting out your basement requires one legally to get a Business Licence ( I know most don't but that's another story)
#2 - Under the Business Licence Bylaw, short-term rentals (less than 30 days) is not permitted unless you're operating a Hotel or Bed and Breakfast meaning as a Air Bnb you wouldn't be able to get a Licence therefore Air BnB's are not permitted.
Here's an info graphic or text if you prefer of the rules now in Vancouver.
http://vancouver.ca/doing-business/s...m-rentals.aspx