Managing Airbnb: A Cross-Jurisdictional Review of Approaches for Regulating the Short-Term Rental Market

Anna Cameron (), Mukesh Khanal and Lindsay Tedds

MPRA Paper from University Library of Munich, Germany

Abstract: Canada’s short-term rental (STR) market has grown considerably in recent years, resulting in a heightened focus by local governments on adopting regulatory approaches to manage it. Indeed, since 2018, an increasing number of Canadian governments (largely cities) have introduced regulatory frameworks to both mitigate perceived negative impacts of the STR market, as well as reap some of its benefits. In light of the gap in Canada-focused research on STR regulation, this article analyzes in comparative perspective the regulatory approaches adopted in 11 Canadian jurisdictions in response to the rise of platform-mediated home sharing. We find that aspects of regulation, such as licensing and registration, are increasingly a question, not of “if,” but rather “how” and “to what extent,” with the most promising approaches being those that reflect sophisticated understandings of the range of activity that plays out in the market and the various actors, including platforms and property managers, involved. For jurisdictions looking to introduce or tweak approaches going forward, there is potential benefit in reframing market regulation as a governance issue, rather than a technical legal problem. From this standpoint, of particular promise are joint governance approaches which involve municipalities and other local jurisdictions implementing distinct rules within the context of an overarching provincial framework.

Keywords: Short-term Rental; Market Failure; Regulatory Fracture; Regulation; Innovative Disruption; Community Impact (search for similar items in EconPapers)
JEL-codes: H79 R19 (search for similar items in EconPapers)
Date: 2022-01-14
New Economics Papers: this item is included in nep-pay, nep-reg and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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