Home » Posts tagged 'short-term'
Tag Archives: short-term
Vancouver, CA has passed new regulations banning homeowners from renting out certain kinds of property on short-term rental platforms like Airbnb as part of an attempt to cope with a shortage of long-term rentals. Owners may still rent out room individually or let their principle residence on a temporary basis when on holiday. The city will charge an annual licensing fee of C$49 (€32.80).
Airbnb has capitulated to lawmaker demands over its operations in New York City, agreeing to drop a legal challenge against newly passed legislation. The suit disputed a recent state law calling for fines up to $7,500 for illegally listing short-term offerings on online rental platforms such as Airbnb.