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New data from the British Columbia government shows thousands of short-term rental agencies have been operating illegally.
Seven communities across the province require short-term rentals to have a business license.
According to the province, there are 22,000 listings in those areas, but nearly 11,000 of them are operating without a license.
The data comes from new legislation that requires platforms like Airbnb to share information about their listings.
“We’ve found too many properties or homes in our communities that have been purchased by investors and used for short-term rentals, so we’ve introduced a law enforcement policy that fines illegal operators up to $5,000 per day, and up to $10,000 per day if the platform doesn’t remove the listings as requested,” said Ravi Kahlon, BC’s Minister of Housing.
Caron said a province-wide registry to track rentals will be in place by the end of the year.
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