Vernon wants province to provide data on short term rental, vacancy tax impacts
The City of Vernon is calling on the province to provide data on the impacts its housing policies are having.
At the regular meeting Monday, Jan. 26, Councillor Kari Gares proposed two resolutions relating to the speculation and vacancy tax (SVT) and to the short term rental (STR) regulations to be brought forward during the annual Southern Interior Local Government Association (SILGA) conference.
The resolutions would call on the province to provide municipal-specific data about the policies and their impacts on housing availability and affordability, so that the local governments can make informed decisions relating to housing strategies.
“I know right now there are some communities that are having some issues with the short-term rental legislation and how it’s impacted their economy on a much broader scale, maybe from a tourism perspective or from an economic development perspective, and this [first resolution] is really just saying we need to have the data so that we can make sure that the information that we’re getting or how we’re doing long-range planning is consistent with that data,” Gares explained at the council meeting.











