New Airbnb rules in Prince George force real estate agent to sell rental properties

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New Airbnb rules in Prince George force real estate agent to sell rental properties
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A real estate agent in Prince George, who owns multiple Airbnb properties, says the new rules on short-term rentals will lead her to sell her properties and harm the local economy.

A Prince George real estate agent who owns several Airbnb properties in the city says rule changes on short-term rental accommodation will force her to sell her rental properties and will ultimately hurt B.C.’s economy.

Jen Higham has eight houses/duplexes in Prince George she rents through the Airbnb platform and she is not interested in turning them into long-term rentals. She doesn’t want the headaches that come with being a long-term landlord.She estimates there are 260 Airbnb listings in the Prince George area, of which about 200 are active.

“It’s a really decent business and if you do it correctly and take good care of your clients then you can do well at it,” said Higham. “We have at least three companies that come in and provide travel nurses and we will lose all of them, they will stop bringing the nurses here because it’s just not affordable for them to bring them in and put them in hotels,” said Higham. “It’s going to hurt healthcare and sports and tourism.

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