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Trudeau announces $2B to support B.C. housing projects (www.cbc.ca)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 8 months ago (1 children)

Hopefully there is a clause that the units don't go to airbnb hosts, otherwise extra units meams nothing

[–] [email protected] 7 points 8 months ago* (last edited 8 months ago) (1 children)

New regulations should help starting May 1, 2024

Only a homeowner’s principal residence plus one secondary suite or accessory dwelling unit will be available for vacation rentals shorter than 30 days, with maximum fines of up to $50,000 for non-compliance.

It’s not a complete ban, but it bans mass AirBNB rentals.

[–] [email protected] 4 points 8 months ago

Better than nothing I guess