Vancouver Seeks Housing Relief With Short Term Rentals, Empty House Tax
In Vancouver, British Columbia, Airbnb and Expedia have a lock on 90% of the short term rental activity. Mayor Gregor Robertson claims that “Short term rentals now make up 30% of Vancouver’s accommodations for tourists. Airbnb is effectively Vancouver’s largest hotel.” Since the city has a low vacancy rate for housing. city officials want to[…]