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Vacancy rate rises as short-term rentals open up during pandemic

Vancouver's tight rental housing market has eased significantly since coronavirus-related travel restrictions brought many short-rental units back into the rental housing market. Economist Marc Lee of the BC office of the Canadian Centre for Policy Alternatives says now is the time to make sure that short-term rentals are properly regulated so that renters in Vancouver aren't squeezed out of the city.
Broadcast on:
02 Jul 2020

Vancouver’s tight rental housing market has eased significantly since coronavirus-related travel restrictions brought many short-rental units back into the rental housing market. Economist Marc Lee of the BC office of the Canadian Centre for Policy Alternatives says now is the time to make sure that short-term rentals are properly regulated so that renters in Vancouver aren’t squeezed out of the city.
Vancouver's tight rental housing market has eased significantly since coronavirus-related travel restrictions brought many short-rental units back into the rental housing market. Economist Marc Lee of the BC office of the Canadian Centre for Policy Alternatives says now is the time to make sure that short-term rentals are properly regulated so that renters in Vancouver aren't squeezed out of the city.