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A Comparative Analysis of Short-Term Rental Regulations in Six Alberta Municipalities

Author

Listed:
  • Petit, Gillian
  • Cameron, Anna
  • Khanal, Mukesh
  • Tedds, Lindsay M.

Abstract

Once limited and relatively unknown, Alberta’s short-term rental (STR) market has, in the past five years, become a frequent discussion topic in news media and municipal council chambers alike. Facilitated by the arrival of online platforms, such as Airbnb, the now-thriving STR market is viewed as an economic boon by some, but has also stoked longstanding debates about housing access and resident liveability, provoking newer complaints of anti-competitive behaviour, as well as general calls for regulatory intervention. In the context of limited research on Alberta’s STR market (and its regulation), this paper presents a comprehensive overview and analysis of regulatory frameworks for STR activity in six Alberta municipalities, alongside an assessment of pertinent provincial measures. The aim of the review is two-fold: (1) to gain an understanding of the nature and extent of regulatory efforts across a range of local contexts that, together, constitute a representative picture of the overall market in the province; and (2) to ascertain the extent to which these approaches are both effective and appropriate, based on what can be discerned about local context, market dynamics, policy objectives, and current and emerging issues. We argue that while some jurisdictions appear to have fared better in implementing generally appropriate and effective measures, all local authorities, in addition to the province, have considerable room to improve their framework. We draw particular attention to ensuring regulations are developed in response to local issues, reflect the actual and projected state of the market, contain clear and measurable objectives aligned with broader community strategies, and invite ways for local authorities to leverage the power, insights, and resources of platforms.

Suggested Citation

  • Petit, Gillian & Cameron, Anna & Khanal, Mukesh & Tedds, Lindsay M., 2022. "A Comparative Analysis of Short-Term Rental Regulations in Six Alberta Municipalities," MPRA Paper 112671, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:112671
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    File URL: https://mpra.ub.uni-muenchen.de/112671/1/MPRA_paper_112671.pdf
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    References listed on IDEAS

    as
    1. Cameron, Anna & Khanal, Mukesh & Tedds, Lindsay M., 2022. "Managing Airbnb: A Cross-Jurisdictional Review of Approaches for Regulating the Short-Term Rental Market," MPRA Paper 111535, University Library of Munich, Germany.
    2. Iis P. Tussyadiah, 2015. "An Exploratory Study on Drivers and Deterrents of Collaborative Consumption in Travel," Springer Books, in: Iis Tussyadiah & Alessandro Inversini (ed.), Information and Communication Technologies in Tourism 2015, edition 127, pages 817-830, Springer.
    3. Garcia-López, Miquel-Àngel & Jofre-Monseny, Jordi & Martínez-Mazza, Rodrigo & Segú, Mariona, 2020. "Do short-term rental platforms affect housing markets? Evidence from Airbnb in Barcelona," Journal of Urban Economics, Elsevier, vol. 119(C).
    4. Kiley Goyette, 2021. "‘Making ends meet’ by renting homes to strangers," City, Taylor & Francis Journals, vol. 25(3-4), pages 332-354, July.
    5. Filip Stabrowski, 2017. "‘People as businesses’: Airbnb and urban micro-entrepreneurialism in New York City," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(2), pages 327-347.
    6. Tedds, Lindsay M. & Cameron, Anna & Khanal, Mukesh & Crisan, Daria, 2021. "Why Existing Regulatory Frameworks Fail in the Short-term Rental Market: Exploring the Role of Regulatory Fractures," MPRA Paper 106712, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    short-term rentals; Airbnb; regulatory approaches; municipal policy;
    All these keywords.

    JEL classification:

    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R29 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • Z00 - Other Special Topics - - General - - - General

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