Tag Archives: vanre

Vancouver City manager runs thriving Airbnb on island facing housing crunch

Vancouver’s City manager is running a thriving Airbnb on Cortes Island – a small island dealing with a crushing housing crisis caused by homeowners listing properties on short-term rentals instead of renting them long term to residents. Sadhu Aufochs Johnston

Townhouse prices reaching all time high as condo prices fall in Metro Vancouver

Metro Vancouver townhouse prices are projected to reach an all time high in December 2020 as condo prices slide, the early real estate data for the month show. The OpenHousing Home Price Index for townhouse properties – calculated using the

Big chunk of Airbnb revenue comes from illegal activities, regulator hears ahead of IPO

By Sean Bennett A ‘substantial portion’ of Airbnb’s annual revenue comes from facilitating illegal rentals, according to an open letter delivered to the regulator in September ahead of the short-term rental platform going public on the stock market. A collection

Metro Vancouver townhouse prices soar in November

Metro Vancouver townhouse prices rallied in November 2020, amid a pandemic-fueled push for somewhat affordable larger homes. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method[1]https://faculty.wharton.upenn.edu/wp-content/uploads/2013/05/Brown_2013_House_Price_Index_Methodology_1.pdf – rose 9.22%

Airbnb asked Canada for a bailout. Canada slapped Airbnb with a tax.

It’s about to get a lot more expensive to stay at short-term rentals in Canada as Ottawa announced a new tax on Airbnb and other short-term accommodation platforms. “In order to ensure that the GST/HST applies consistently and effectively with

Canada to tax foreign homeowners

Canada will start taxing foreign nationals who use Canadian homes to park their wealth, according to the federal government’s fiscal update released on Monday. “Too often, the price of homes is out of reach for Canadians, in particular for those

City of Vancouver defends decisions to pack advisory panel with Airbnb operators

Signs on the front of Vancouver condo. [GoToVan/Flickr]

The City of Vancouver is defending its decision to allocate half the spots on a 14-member short-term rental community working group to Airbnb operators while only selecting two renters to voice the views of those impacted by vacation rental platforms.

Airbnb operator flouts health orders as neighbours cry foul over City of Vancouver’s inaction

By Sean Bennett Residents of a Vancouver residential neighbourhood are expressing their anger and frustration at City of Vancouver’s failure to shut down a popular vacation rental operated through Airbnb and other platforms continues to violate COVID-19 public health orders.

City of Vancouver appoints scofflaw Airbnb host to monitor short-term rental regulations

The City of Vancouver has appointed a scofflaw Airbnb host to the the City’s Short-Term Rental Working Group set up to “monitor the effectiveness and impact” of the City’s short-term rental regulations. The City today published the names of the

Metro Vancouver condo prices edging down in November

Metro Vancouver condo prices are projected to decline in November 2020, a preliminary analysis of housing market data shows. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method[1]https://faculty.wharton.upenn.edu/wp-content/uploads/2013/05/Brown_2013_House_Price_Index_Methodology_1.pdf –