Some B.C. property owners 'panicking' following short-term rental legislation: realtors
Investing in short-term rentals could slow to a trickle in the wake of new legislation to regulate them, but the B.C. Real Estate Association says it is still too early to tell what the impact will be on housing sales.
![Some B.C. property owners 'panicking' following short-term rental legislation: realtors](https://i.cbc.ca/1.7038337.1700793455!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/housing-bc-20231123.jpg)
![A sign indicating Airbnb rentals are not permitted is seen at the entrance to a condo tower, in Vancouver, on Thursday, November 23, 2023. The provincial government last month introduced legislation to limit short-term rentals in many cities in British Columbia in an effort to put thousands of units back into the long-term rental pool, with the changes coming into effect in May. A No Airbnb sign hangs on the front of a glass apartment door.](https://i.cbc.ca/1.7038337.1700793455!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/housing-bc-20231123.jpg)
Investing in short-term rentals could slow to a trickle in the wake of new legislation to regulate them, but the B.C. Real Estate Association says it is still too early to tell what the impact will be on housing sales.