The Town of Hinton has proposed a bylaw to create municipal regulations around short-term rental properties. The AHLA has always been a strong advocate for fair rules and regulations for short-term rentals. We applaud municipalities like Hinton that are working to level the playing field for all accommodation providers.
Lack of regulations around rentals and the home-sharing platforms that promote them has created unintended consequences, such as:
Loss of affordable housing due to conversion to short term rentals.
Conflicts as hosts operate without regard for zoning.
Negative impact on neighbours due to increased noise, garbage, demand for parking, and partying.
Lowering neighbours’ property values.
Jeopardizing public safety by increasing the risk of criminal activity.
Lost revenues and salaries for those working in the regulated accommodation industry.
Lost tax revenues for municipal governments.
There is a need for stronger regulations to mitigate these consequences and promote and safe and reliable accommodation sector for guests. Hinton’s proposed Short-Term Rentals Bylaw (No. 1162) provides a solid framework for regulating short-term rentals; however, the AHLA has also provided recommendations to make the legislation more robust:
Include provisions to limit investments by real estate investors into the short-term rental economy.
Consider regulations that are enforced in municipalities with significant short-term rental activity, such as Canmore or Summerland.