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Vancouver plans more Airbnb limits to ease near-zero home supply

Tuesday, May 9, 2017 - 05:50

Regulatory tensions remain a hurdle for a potential IPO for Airbnb, valued at US$31 billion by investors this year. The nine-year-old upstart has been facing pressure from governments that blame its home-sharing website for squeezing housing supply as landlords turn apartments into ersatz hotels.


VANCOUVER is preparing to impose more restrictions on Airbnb Inc and other short-term rental operators as Canada's priciest housing market seeks to ease its near-zero supply of homes to let.

"We're going to require a business licence for anyone doing short-term rentals,"

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