Pricier vacation permits

BC Landlord
Guru
Posts: 8663
Joined: Jul 15th, 2019, 2:18 pm

Re: Pricier vacation permits

Post by BC Landlord »

cv23 wrote: Oct 14th, 2021, 4:33 pm The amount of STR condos is astronomical and account for the vast majority of condos which have been built in the last decade.
Define "astronomical", relative to LTRs.
The number one selling feature in new condos developments is that STR's are permitted and there is absolutely no shortage of buyers for these units.
That's simply not true. There are actually very few new developments which allow STRs. Some do, but it's usually limited to a small percentage of units within a building.
twobits
Guru
Posts: 8125
Joined: Nov 25th, 2010, 8:44 am

Re: Pricier vacation permits

Post by twobits »

This is true. Most developments now have strict restrictions on rentals. They encompass short term vacay......which is usually prohibited, snowbird sort term (4-6 month), and immediate family rental.
Gasligting that the vast majority of Condo's are purchased for vacation rentals is simply not true.
Do not argue with an idiot. He will drag you down to his level and beat you with experience.

The problem with the gene pool is that there is no lifeguard.
Post Reply

Return to “South Okanagan”