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.

B次元官网网址淲e 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,B次元官网网址� said a news release from the group, Property Rights BC.

B次元官网网址淲e 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 B次元官网网址� We believe that preserving our legally operating and licensed short-term accommodations will actually be a solution to a number of problems in Victoria.B次元官网网址�

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 B次元官网网址渂e 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.B次元官网网址�

B次元官网网址淭his legislation sets a dangerous precedent, eroding trust in the regulatory framework,B次元官网网址� said the news release. B次元官网网址淭his abrupt shift undermines the financial security of countless property owners.B次元官网网址�

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