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Vancouver to impose fresh Airbnb rules

Move comes amid public outcry over the lack of affordable homes; the city's June benchmark home price is C$998,700, up 7.9% from a year ago

Published Thu, Jul 6, 2017 · 09:50 PM
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Vancouver

VANCOUVER is set to introduce new restrictions on Airbnb Inc, Expedia Inc's HomeAway unit and other short-term rental operators as Canada's priciest housing market seeks to ease its near-zero supply of homes to let.

"Housing is first and foremost for homes, not to be operated as a business," Mayor Gregor Robertson told reporters on Wednesday.

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