June 26, 2019 Via email:
[email protected] Kennedy Stewart, Mayor 3rd Floor, City Hall 453 West 12th Ave Vancouver BC V5Y 1V4 Dear Mayor Stewart and City Councillors, Re BCGEU Statement on Proposed Short-Term Rental Motions for Vancouver City Council On behalf of over 79,000 members of the BCGEU, thousands of whom live and work in Vancouver, I am writing to express our opposition to the proposed changes to short-term rental regulations brought forward by Councillors Fry and De Genova. We are concerned about the effects the proposed motions will have on the availability of long-term rental supply as well as the impact on workers in the hotel industry. We regularly hear from our members how difficult it is to afford to live and work in Vancouver. Many are left with no option but to leave the region and in some cases, our province altogether. The current regulations restricting short-term rentals to primary residence must remain in force to ensure desperately needed long term rental supply is not lost to the more lucrative short-term rental industry (such as Airbnb). Research from the McGill University School of Urban Policy shows that the regulations on short-term rentals in Vancouver returned roughly 300 apartments to the long-term rental market, citing these regulations as some of the most effective in North America. We also oppose the proposal to allow developers to convert whole floors in rental buildings to rent out as hotel suites. This not only temporarily reduces the supply of long-term rentals but also impacts the quality of work for hotel workers who remain in a precarious position with short-term rental agreements.