Survey to illuminate how bylaw changes will impact Nanaimo renters and landlords
NANAIMO — The City is reaching out to landlords and renters to see how proposed changes would increase or decrease the availability of short-term rentals.
The surveys are part of the Affordable Housing Strategy, which had specific recommendations to avert the negative impacts of having too many short-term rentals available on platforms such as Airbnb.
“Folks can generally make a little more money when they’re renting out on a short-term basis, so there’s incentive for property owners to do that. What that does is it takes that housing out of the long-term rental market,” social planner David Stewart previously told NanaimoNewsNOW.
A majority of the more than 500 short-term rentals currently available in Nanaimo are for the entire home.