Tag Archives: vanre

Vancouver to curb “fierce” demand by local and foreign housing speculators

By Lisa Tanh The practice of purchasing property to turn a profit was a main concern for several city councillors during the Housing Vancouver Strategy presentation. Speculative investment, the purchase of property based on anticipated price growth, has the biggest

Head of neighbourhood coalition opposing Vancouver housing strategy accused of running illegal Airbnb

By ThinkPol Staff The head of a coalition of Vancouver neighbourhood groups opposing City of Vancouver’s recently unveiled housing strategy stands accused of running an illegal Airbnb operation. The City of Vancouver’s Housing Vancouver report[1]http://council.vancouver.ca/20171128/documents/rr1.pdf outlines a strategy for densifying

More than 1 in 3 Yaletown condo sales appear to be flips

By ThinkPol Staff More than a third of all condos currently listed for sale in Vancouver’s Yaletown neighbourhood appear to be attempts at flipping by speculators. ThinkPol analyzed all 128 of the currently available MLS listings for condominiums in Yaletown

Increasing supply in a housing bubble linked to a bigger crash

By ThinkPol Staff The BC government has promised to tackle the housing affordability crisis in Metro Vancouver by “aggressively” increasing supply. A new study coming out of Princeton suggests that the NDP government may want to reconsider that strategy. In

Airbnb neighbour damages your property? Insurance won’t help

By Lisa Tanh A freehold property owner in Vancouver claims Wawanesa Insurance will not cover damage incurred by neighbouring Airbnb operators. Last week, Shane Richardson, a freehold property owner in Vancouver, renewed his home insurance with Wawanesa Insurance, one of

Wanted: Rusty RV to run Airbnb outside Vancouver Mayor’s house

By Lisa Tanh A Vancouverite has put up a Craigslist ad for an RV or trailer to rent outside of Vancouver Mayor Gregor Robertson’s house because they want him to understand how legalizing Airbnb hurts residents in the city. The

Pressure mounts on City of Vancouver’s Kaye Krishna to resign over Airbnb fiasco

By ThinkPol Staff Pressure is mounting on Kaye Krishna to stand down as the Vancouver official responsible for the Airbnb file. Critics allege that she has not done enough to crackdown on short term rentals mushrooming in a city grappling

Vancouver twitter account targets ‘rogue’ realtors

By ThinkPol Staff Inspired by Vancouver’s Airbnb-fighting Twitter user VISTRO, a social media account has started naming and shaming realtors who appear to breaching industry regulations. BrettdrC[1]https://twitter.com/brettdrc is outing realtors who are running Airbnb hotels in Vancouver in breach of

Spooked by VISTRO, Vancouver hosts ditch Airbnb

Spooked by an Airbnb-fighting Twitter account, Vancouver’s hosts are taking their listings off the short term rental platform. VISTRO, which stands for Vancouver’s Illegal Short Term Rental Operators, has so far reported approximate 50 Airbnb units to the City of Vancouver.

Airbnb will grow 5x in Vancouver if legalized, CFP warns

By Lisa Tanh Vancouver will go from 6,000 to 30,000 Airbnb units if the city legalizes the service impacting affordable rents for long-term housing says a certified financial planner. Last Tuesday, the city hosted a public hearing on regulating short-term