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Comment: Short-term Rental Ban Will Cost Hundreds of Millions of Dollars by David Langlois | Times Colonist

Comment: Short-term Rental Ban Will Cost Hundreds of Millions of Dollars by David Langlois | Times Colonist

In this opinion piece for Times Colonist, David Langlois explores the effects of British Columbia’s passage of Bill 35, the Short-Term Rental Accommodations Act, on “634 legal, licensed, tax-paying short-term rentals in Victoria”.

David estimates that the passing of Bill 35 will negatively affect licensing fees and additional taxes for the city, as well as damages to the local economy (about $221 million over 10 years!).

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