this post was submitted on 27 Mar 2025
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https://dailyhive.com/vancouver/short-term-rentals-back-long-term
People choose an airbnb because of convenience of laundry and food prep, but also you can sleep 6 in ê bedroom home for way less than hotel rate of 3 rooms. But with that option restricted, tourists still tour.
Oh, it's just 10%. Well that makes sense in either case, then. The other airBNBs could probably absorb that on their own.
At the expense of privacy, and at a greater cost to the owners than 3 hotel rooms would be. Which is probably why it's just 10%.
Was 10% at that time, some kept operating, but BC has put together a plan to go after those still operating, so we will see more flood the market. And for 6 I meant when you have group travel and expect to hangout together. You can rent 6-8 capacity at 500 a day instead of hotel at 250-300 a day x 3 rooms.
One airBNB whiner had 50 rental properties.