Amid B.C.’s Tariff and Trade Challenges, Short-Term Rental Rules Need to Change, Group Says
The B.C. Real Estate Association is calling for changes to the province’s short-term rental restrictions ahead of the busy summer travel season.
The organization said that amid B.C.’s current tariff and trade-challenged environment, along with the provincial government’s public advisory to find alternative places to visit this summer, provincial priorities need to be adapted.
“While affordable housing is a critical provincial issue, so are provincial economic wellbeing and the health of our tourism sector,” the organization said in a statement.
“When the Short-Term Rental Accommodations Act and its accompanying regulations were put into force, the province was extremely focused on creating additional housing by any lever possible. Since its implementation, however, short-term rental (STR) legislation has caused a series of economic challenges across the province that need to be addressed.”
The real estate association said that while the need for housing is great, long-term rentals can be a vital piece of the housing continuum and they want to see a few changes made.
