Insight
Kelowna qualified for an exemption from British Columbia's principal-residence rule because its rental vacancy rate reached approximately 6.4% in 2025, exceeding the 3% threshold for two consecutive years.
Chicago Sues Airbnb, Kelowna Gets Provincial Exemption, Ireland Clarifies Planning Rules
Summary
Chicago is suing Airbnb directly, Ireland is restricting new STRs in large towns, and Kelowna gained an exemption from BC's principal-residence rule. These policy shifts highlight varied regulatory approaches impacting hosts globally.
Key takeaway