The Squamish Chief – We need long-term rentals: District of Squamish

June 18, 2020

As Squamish faces a housing crisis and a pandemic, municipal council has moved a step closer to regulating short-term rentals in town.

On June 16, council voted 6-1 in favour of passing first reading of a bylaw that would govern the use of short-term rentals, such as Airbnb. Coun. Chris Pettingill was the sole dissenting vote.

Council intends to free up more space for local tenants in the long-term rental market, as the town was facing a roughly 0% vacancy rate just before the pandemic hit.

However, some residents have complained that regulating these rentals would keep homeowners from paying off their mortgages in a community where buying a home can be a crippling expense. Others argued it would hobble tourism — a major economic driver.

#shopsquamish

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