Whereas:

- The average cost of a one-bedroom apartment in the City is $1170,

- The current vacancy rate is 0.6% (October 2016)

- 47% of Victoria renters spend more than 30% of their income on rent and 24% spend more than half of their income on rent,

- The Universal Declaration of Human Rights recognizes housing as a human right,

- Rising housing costs directly increase child poverty - one in five Vancouver Island families with children is food insecure and this figure is rising,

- Full-time AirBnB rentals remove housing from the rental stock whereby driving up demand and prices,

- AirBnB reports that their service is intended to help people rent their space when they are away, not facilitate full-time rentals,

We, the undersigned, call upon Mayor Lisa Helps and City of Victoria Council to immediately ban full-time AirBnB rentals in the City.