Policy work underway by the province is informed by a report on short\u002Dterm rentals from the B.C. Union of Municipalities, David Eby said.
If such a regulation was introduced by the province, it would see such companies face mandatory reporting requirements to ensure they shared data — about location, for example — about rentals with municipalities.
A short-term rental is a booking of less than 30 consecutive days. A principal residence operator who rents out their entire home may occasionally rent their entire dwelling unit on a short-term basis. Stays of more than 30 days rental are considered long-term. Victoria moved Thursday to add three staff to its four-person short-term-rental team, which is paid for by licensing fees.
Victoria Coun. Stephen Andrew echoed calls for provincial rules insisting that short-term rental websites must post a copy of a municipal licence. Not enough housing is being approved to meet population growth needs, Eby said, adding that B.C. might have to be more prescriptive because the status quo is not acceptable.
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