Congrats to our Halloween winners!
We're on a thrilling mission to uplift our community! This month, we summoned the magic of Halloween, igniting the spirits of over 200 families at a spooky Coquitlam event. And in a thrilling twist, we had an impromptu trick-or-treat surprise for adults and kids in Fraser Heights. Together, we're making magic in our community!" Congrats to our winners!
BC Says No to AirBNB
B.C. has put in place new legislation to help municipalities regulate short-term rentals on sites like Airbnb, which provincial and municipal leaders say is affecting the availability and price of long-term housing.
The new rules passed their first reading on the BC Legislature Monday and include increasing fines for hosts breaking local municipal bylaw rules to $3,000 per infraction, per day, from $1,000.
All short-term rental platforms will also be required to share data with municipalities to improve local enforcement, although no private information about hosts will be released publicly.
In addition, all short-term rental platforms will have to include the business licenses and registration numbers of listings where they are required by a local government and must remove listings without those requirements quickly.
The province says the new rules, which will come into effect in stages from now through late 2024, are meant to create a minimum regulatory standard for housing available for rent for fewer than 90 days.
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Home prices definitely have come down....
With home prices currently on the decline, now is the time to seize a golden opportunity for real estate investments. Whether you're looking to buy your dream home, invest in properties, or to get out of renting these reduced prices can work in your favor. Don't miss out on this favorable market trend!
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