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New short term rental rules come into effect S3E57

New short term rental rules come into effect

As of May 1, in communities with a population over ten thousand, short term rentals will only be allowed in an owner’s principal residence, or in a secondary suite or accessory dwelling on the same property. A number of less populated communities, including Gabriola Island and Tofino have opted in to the regulations. In those areas the rules will take effect on November first. According to data obtained from the website Air DNA earlier this week, there are 999 short term rental listings in Nanaimo. The city requires short term rental operators to have a licence which costs $165 per year. A March staff report found that there were fewer than 300 licences for short term rentals in the community. Midcoast Morning explores the impact of the potential impact of the new rules in our area, and speaks with B.C. Housing Minister Ravi Kahlon

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As of May 1, in communities with a population over ten thousand, short term rentals will only be allowed in an owner’s principal residence, or in a secondary suite or accessory dwelling on the same property.

A number of less populated communities, including Gabriola Island and Tofino have opted in to the regulations. In those areas the rules will take effect on November first.

According to data obtained from the website Air DNA earlier this week, there are 999 short term rental listings in Nanaimo.

The city requires short term rental operators to have a licence which costs $165 per year.

A March staff report found that there were fewer than 300 licences for short term rentals in the community.

Midcoast Morning explores the impact of the potential impact of the new rules in our area, and speaks with B.C. Housing Minister Ravi Kahlon


Creators and Guests

Joe Pugh
Host
Joe Pugh
Joe Pugh is host and producer for Midcoast Morning, and is a journalist with CHLY 101.7FM's Nonprofit Newsroom Project.
Jesse Woodward
Editor
Jesse Woodward
Executive Director/Host/Producer at @chly1017fm in Nanaimo. Audio Editor at Politicoast. He/him/they/them. Millennial and anti-dystopian. Posting on the Salish Sea from the traditional territory of the Snuneymuxw. 🚲📻🎧📷www.chly.ca

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