Re:Vancouver signs first agreement in Canada with Airbnb for...
by eloff on Wednesday April 11, 2018 @07:20PM
(#16816692)
I think this contributes, but it's not the principal problem. The core problem is supply shortage, which given the current astronomical prices has everything to do with zoning. Relax that enough and the market will solve the problem in a matter of years.
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Re:Vancouver signs first agreement in Canada with Airbnb for...
by Tiktaalik on Wednesday April 11, 2018 @07:23PM
(#16816726)
This would be a satisfying solution were it not for the fact that Vancouver's housing starts and completions graph is a giant up and to the right. Vancouver has been building supply. At this point if you're a politician in Vancouver that is promising to solve the problem in a few years you're going to get dumped. People wanted this problem solved yesterday.
Re:Vancouver signs first agreement in Canada with Airbnb for...
by toasterlovin on Wednesday April 11, 2018 @10:57PM
(#16817632)
Absolute growth in housing supply doesn’t matter. It’s growth in housing supply relative to growth in population.