Category Archives: Real Estate

“No” – Government dismisses Airbnb request to bail out hosts in Canada with one word

“No.” That’s the Government of Canada’s one-word response to Airbnb’s request to bail out hosts who are struggling to survive amid cancellations brought on by the COVID-19 pandemic. Parliamentary Secretary for Housing and Member of Parliament for Spadina—Fort York Adam

Airbnb stops offering cash refunds for COVID-19 cancellations as platform cuts costs to survive pandemic

Airbnb is no longer offering full cash refunds for guests who have had to cancel their stay due to COVID-19 travel restrictions, as the short term rental platform takes drastic measures to survive travel slowdown caused by the coronavirus pandemic.

Metro Vancouver detached prices down in January

By OpenHousing Metro Vancouver detached market began the new year with prices sliding in January 2020 as increased market activity witnessed in fall 2019 failed to bolster buyer confidence. The Open House House Price Index for detached properties – calculated

New licencing bylaw drops short-term rental postings down by 47 per cent

By Staff Writer A bylaw implemented to reign in Vancouver’s short term housing market seems to be effective, according to the City of Vancouver. Listings for short term rentals on sites such as Airbnb, Expedia, and Kijiji have dropped from

BC Real Estate Association predicts 21% drop in residential property sales

By Marina Wang According to a housing forecast update from the British Columbia Real Estate Association, residential sales are predicted to fall 21 per cent by the end of the year, from 103,768 last year to 82,000 this year. The

Woman using townhouse as Airbnb hostel taken to court

By Marina Wang The City of North Vancouver is asking the Supreme Court to step in on the case of woman running her townhouse unit like a hostel on Airbnb. Emily Yu rents out 14 to 15 beds to short-term

Most Vancouver houses sold below assessment in May

By ThinkPol Staff The number of Vancouver detached houses selling below assessed value in May outnumbered those selling for more, with some going as low as 32% below, making it the fourth month in row that a majority of Vancouver

David Eby invites opponents to protest at his housing town hall

By ThinkPol Staff British Columbia Attorney General David Eby is inviting opponents to protest outside his Housing Town Hall 2.0 scheduled for Monday. “There is adequate protest space outside, and we expect media to attend and cover any protest that

Vancouver Airbnb hosts caught using fake licences

By Lisa Tanh Several local Airbnb hosts have been caught abusing the City of Vancouver’s new short-term rental bylaws. Concerned citizens took to Twitter to expose a number of hosts who are using one short-term rental business licence for multiple

“Vancouver’s becoming a safety deposit box for the global rich!” – developer seeking billions in tax dollars for affordable housing pitches city’s “hot real estate” to buyers in China

By ThinkPol Staff with files from Lisa Tanh “Vancouver is becoming a safe deposit for the global rich!” Those are the words[1]Original: http://www.westbankcorp.cn/media/141.html Archive:http://archive.is/jdxTy used to promote Vancouver real estate in China by luxury real estate developer Westbank, whose owner