As municipal and provincial regulations clamp down on Airbnb and other short-term rental operators, rent costs are dropping ‘significantly.’
Rent costs in several British Columbia communities dropped ‘significantly’ after local governments imposed stricter regulations on short-term rentals. “The rents as of October, 2023, were lower by $110 a month compared with the previous year in 52 key neighbourhoods – down to $1,821 from $1,931 – according to a statistical analysis by McGill University associate professor David Wachsmuth and researcher Cloé St.-Hilaire. In Vancouver, it is $147 a month less on average,” writes Frances Bula in The Globe and Mail.
In addition to local regulations, new provincial laws went into effect this May in B.C. cities of over 10,000 people not classified as ‘resort communities.’ “They limit owners to renting out space in their principal residence only if the owner is away for a short period of time or is renting out a room while continuing to live there.” Similar laws have been in place in Vancouver and other cities, but the provincial regulations represent the largest-scale effort to regulate STRs.
FULL STORY: Rent in B.C. communities declined after short-term vacation home rules were implemented, report finds
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
Barcelona Buys Building to Prevent Tenant Evictions
One apartment building — and its tenants who faced eviction — became a potent symbol of the city’s growing housing crisis.
Rents Rose Between December and January
After dropping to a three-year low, U.S. rent costs grew in many major cities.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Waymo Gets Permission to Map SF’s Market Street
If allowed to operate on the traffic-restricted street, Waymo’s autonomous taxis would have a leg up over ride-hailing competitors — and counter the city’s efforts to grow bike and pedestrian on the thoroughfare.
Parklet Symposium Highlights the Success of Shared Spaces
Parklets got a boost during the Covid-19 pandemic, when the concept was translated to outdoor dining programs that offered restaurants a lifeline during the shutdown.
Federal Homelessness Agency Places Entire Staff on Leave
The U.S. Interagency Council on Homelessness is the only federal agency dedicated to preventing and ending homelessness.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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