Airbnb issue tough nut to crack for Victoria city council (BC)

Rental vacancy rates near zero, along with a mounting lobby from strata councils and the hospitality industry, is bringing increased pressure on Victoria city council to limit online platforms such as Airbnb.   Hotel managers and tourism representatives have spoken to council, saying that they not only make for an unlevel playing field and cut into their revenues, but that the loss of condos and basement suites to the short-term rental market means many of their employees can’t find a place to live.  These complaints are coming at the same time the market is growing.   Read the article……………


Related Articles

Little Burgundy condo residents get water back after 12 days

The residents of three buildings in the Southwest borough finally got their water back after 12 days.   City crews managed

Crown urges $350K fine against elevator company for serious incident at Toronto condo

The prosecution wants a $375,000 fine imposed on one of the world’s largest elevator companies for breaching safety rules.  ThyssenKrupp

How Should Vacation Rentals Be Taxed? Missouri Lawmakers Hear From Stakeholders

The explosive growth and expansion of transient guest nightly rentals at the Lake has been good for homeowners and vacationers.