Vancouver approves regulations around short-term rentals including Airbnb

Vancouver has voted to implement regulations around short-term rentals in the face of a housing crunch and a near-zero rental vacancy rate.
Councillors approved the new regulations on Tuesday, finally legalizing a significant chunk of the hospitality industry operating on home-sharing platforms such as Airbnb that have grown rapidly in popularity while occupying a legally grey area. 
“This is a straightforward regulatory approach” that is in the “middle of the spectru