THE STAR | Three hundred long-term rentals back on market in Vancouver thanks to new Airbnb rules

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Published: 25Jun2019

Just over 300 homes that were being rented on Airbnb full time were likely returned to Vancouver’s long-term rental market in the first four months of the city’s new regulations coming into force, according to new research from McGill University.

And if all 1,800 housing units that were listed as entire home, full-time listings prior to the regulations coming into effect in September 2018 were returned to the rental market, that would be enough to push the city’s notoriously low rental vacancy rate up by over one per cent, said David Wachsmuth, one of the authors of the study.

Overall, the study — titled “Short-term rentals in Canada: Uneven growth, uneven impacts” — calculated that 31,000 Canadian housing units listed on Airbnb were “rented frequently enough last year that they are unlikely to house a permanent resident.”

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