SHORT TERM RENTALS
You may or may not know that the province is changing the rules for short-term rentals. There is a new Short Term Rental Accommodation Act which aims to limit short-term rentals in favour of returning second homes etc. to long-term rentals. The goal is to reduce the housing crisis. The main target of this Act is municipalities with greater than 10,000 population, like Salmon Arm for instance. But this does not let everyone else off the hook. Short-term rental unit…