Davor Rajhert

[Davor Rajhert @Raja8vt]

Great Conqueror：Rome https://t.co/9jh3PREmIa

[Davor Rajhert @Raja8vt]

https://t.co/6anIL6D3fE

[Jordan Deyrmenjian @JordanD_17]

For full context per my perspective on the questions asked. See below:

Response To the Daily Hive

1. Are all properties either owned by Artin/Jordan?
- No, not all properties are owned by me. I operate a business that provides furnished rental accommodations primarily on platforms like Airbnb. My business model involves collaborating with property owners to list and manage their properties, ensuring guests have a comfortable and memorable stay.

2. What would you say to people who are concerned about this sort of use of the platform when rental housing is so limited?
- I completely understand the concerns, especially given the housing situation in Vancouver. The pressing need for affordable housing in British Columbia is undeniable. Born and raised in Vancouver, I vividly recall my own looming anxiety of securing a future in my beloved city. However, it's essential to differentiate between short-term and 30-day rentals and long-term housing. The properties I manage cater to a distinct segment of guests, many of whom come through our network and platforms such as Airbnb. We serve people in emergency situations, those affected by events like the Kelowna fires, displaced families due to flooded homes and frozen pipes bursting though the winter, patients with extended hospital needs and surgeries, professionals from the film industry, and businesses that play a vital role in Vancouver's economy. Removing these rentals from the market won't necessarily increase long-term housing availability. Instead, it would put those who need transitional housing into a compromised position, making Vancouver a less desirable place to explore and less inclusive for those wanting to visit or potentially settle and start a family here. It is also important to note that these people seeking home rentals often require home specific living spaces, such as amenities like kitchens and pet-friendly yards, which traditional hotels lack. From an economic supply/demand perspective, the impact of short-term rentals on housing affordability is minimal. If all STR and 30-day rentals were removed, it wouldn't significantly affect housing prices but would push those seeking short-term accommodations towards hotels, increasing demand and prices there, which could negatively impact Vancouver's tourism and economy.

3. How will your business model change considering BC's new regulations?
- Change is a constant in business, and adapting to new regulations is part of that. While I understand BC's new regulations, my primary focus will remain on serving the unique needs of guests seeking furnished accommodations. This might involve diversifying the types of properties I offer, working more closely with property owners to ensure compliance, or even exploring new ways of helping those in need of transitional and transitory furnished housing. My goal is to continue improving on our service while staying compliant with all local regulations. I anticipate that the legislation will see revisions in the future. There will be a significant negative impact if the definition of a short-term rental remains anything less than 90 days, especially for major cities like Vancouver, Victoria, Surrey, and Kelowna.

It's crucial to highlight that the furnished rental industry, especially the 30-day rental segment, plays a vital role in Vancouver's housing landscape. It's not just about tourism; it's about offering a home away from home for those genuinely in need. Whether it's a family displaced by natural disasters, a patient undergoing medical treatment, or a professional on a short-term assignment, these rentals provide a service that traditional hotels often can't.

The broader conversation should focus on creating a balanced housing market that caters to both long-term residents and those needing temporary accommodations, without compromising Vancouver's unique character and appeal.