Time’s up for some short-term rentals in B.C., as new housing rules transform scene

VICTORIA — Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of -based Superhost, Paine said she had been at the forefront of the revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of business, her staff managed 65 properties, welcoming thousands of guests from around the world to what Condé recently rated as the “best city in the world.” “I have such great relationships with my homeowners,” Paine said. But Paine said that will all come to an end next spring when enacts a law restricting short-term rentals to a homeowner’s principal residence. It’s among new housing…