Vancouver Mayor Gregor Robertson says a new proposal that would require people to get a licence for Airbnb and other short-term rentals could put up to 1,000 homes back into the long-term rental pool.
That's because short-term rentals of less than 30 days would only be legal in homes that are principal residences, Robertson stated Wednesday at city hall.
That means homeowners would able to get a licence to rent their spare rooms, basement suites and homes which are a principal residence, but secondary homes — such as investment or vacation properties — would be illegal.
Other listings that are not considered buildings, such as boats, vehicles and trailers would also be illegal, under the proposed rules.
"Housing is first and foremost for homes, not for operating a business," said Robertson.
I'm not sure what that last statement means, since anyone who is a long term tenant is doing business in order to obtain a home.