The rules for qualifying for a rental license are detailed, and pretty reasonable. They permit renting out a room, or your house if you live in it, but do not permit turning an apartment complex into an AirBnB hotel. In short, you can let on AirBnB, as long as you are not diminishing housing stock. [1]
It's not perfect, but it's pretty damn good.
[1] http://vancouver.ca/doing-business/short-term-rentals.aspx
> Short-term rentals are allowed when:
> It's your principal residence, in other words, where you live most of the year and the residential address you use for bills, identification, taxes, and insurance
> It's a legal dwelling unit (a home with an address that complies with all applicable regulations, including building code and fire safety)
> You have a short-term rental business licence
> If you're renting, your landlord allows you to sublet your home as a short-term rental
> If you're in a strata, your strata bylaws support short-term rentals in your building
It's not perfect, but it's pretty damn good.
[1] http://vancouver.ca/doing-business/short-term-rentals.aspx
> Short-term rentals are allowed when:
> It's your principal residence, in other words, where you live most of the year and the residential address you use for bills, identification, taxes, and insurance
> It's a legal dwelling unit (a home with an address that complies with all applicable regulations, including building code and fire safety)
> You have a short-term rental business licence
> If you're renting, your landlord allows you to sublet your home as a short-term rental
> If you're in a strata, your strata bylaws support short-term rentals in your building