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BԪַDangerous precedentBԪַ: Victoria Airbnb operators rally to fight new rules

Property Rights BC says its data indicates new regulations will do more harm than good
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Airbnb and other vacation-rental sites are fighting new rules. (Tribune BԪַ Service)

People who own short-term rental units in Victoria for such platforms as Airbnb are rallying to fight new legislation that restricts how they use their properties.

BԪַWe are a group of hardworking individuals, most of whom invested in a single short-term rental unit, in many cases as part of pension planning,BԪַ said a news release from the group, Property Rights BC.

BԪַWe support the intention to eliminate illegal Airbnb units, which the BC Short Term Accommodations Act (Bill 35) passed by the BC NDP in October attempts to address. We also support real solutions for affordable housing BԪַ We believe that preserving our legally operating and licensed short-term accommodations will actually be a solution to a number of problems in Victoria.BԪַ

The group says it has data that illustrates that legislation does more harm than good, including a loss of funding for affordable housing projects which the Airbnb tax has been funding across British Columbia, a loss of direct tourism revenue, and a loss of tourism spending at local businesses, which will BԪַbe a blow to local owners still recovering from COVID closures. Shuttering businesses in our downtown core will exacerbate the already declining nature of some of our public spaces.BԪַ

BԪַThis legislation sets a dangerous precedent, eroding trust in the regulatory framework,BԪַ said the news release. BԪַThis abrupt shift undermines the financial security of countless property owners.BԪַ

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Chris Campbell

About the Author: Chris Campbell

I joined the Victoria BԪַ hub as an editor in 2023, bringing with me over 30 years of experience from community newspapers in Metro Vancouver and the Fraser Valley
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