VANCOUVER

TAKE ACTION

Tell City Council it's time to level the playing field and effectively regulate short-term rentals

The facts don't lie.
Short-term rentals cause long-term problems.


Key Findings

  • Metro Vancouver’s hotel sector supports approximately 12,100 FTE jobs, compared to approximately 230 supported by Airbnb.
  • Almost 5000 short-term rental units were added by Airbnb in Vancouver between 2015-2016; many of these units were taken out of the cities long-term rental supply.
  • Short Term Rentals have decreased the supply of affordable housing in Vancouver.
  • The number of Airbnb units operated by multi-unit commercial operators increased by 61% over the past two years - These are unregulated business operations and not people sharing their homes with guests.
  • Unregulated commercial operators drive 38.2% of Airbnb's revenue in Vancouver, totaling almost $33 million in 2016/2017.