Background and Context
Short-term rentals in/of private homes have grown exponentially as a trend over the past decade and a half, largely because of technology and consumers embracing the ‘sharing economy’.
Entire homes (including condos/apartments) or portions of homes are being rented for a minimum of one to several nights in communities throughout British Columbia, with the average stay per guest at four nights. Many of these short-term accommodations are being run by commercial operators and not confined to just single room rentals in the host’s own primary residence as originally intended on platforms such as Airbnb.
This policy brief reinforces the critical importance of having well-designed, balanced, and effectively enforced regulations within each community to address the growing issue of tourist accommodation rentals within private residential homes.
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