No economic or common sense
Dear Editor: Thank you to Couns. Ryan Donn and Charlie Hodge for your votes against the motion for the proposed regulations and licensing for short-term rentals. As you stated, the regulations are too restrictive and the licence fee is way too high for many of these senior-owned microbusinesses.
I am also pleased to see that Mayor Colin Basran said he recognizes the need for short term rentals. Coun. Loyal Wooldridge was happy to see the 3 per cent tax charged by the province on Air BnB rentals coming to the city for affordable housing. If the short-term rental proposal is implemented, that three per cent tax will be drastically reduced with fewer Air BnB rentals available. The city will then have less money to build affordable housing. So in effect, the city is cutting off its nose to spite its face.
The loss of millions of tourist dollars caused by this proposal should also be of deep concern to the city, Tourism Kelowna, the Thompson Okanagan Tourism Association and Destination BC. Kelowna’s tourism dollars generate more than 8,000 jobs and bring in more than $1 billion each year. Why would we want to turn away those very visitors who want to spend an average of almost $205 a day in our community just because they want an Air BnB experience? It makes no economic or common sense. Marilyn Strong