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A comment on Airbnb's Devastating Effect on Canadian Housing. Parent comment

Re:Airbnb's Devastating Effect on Canadian Housing by betaby on Friday March 08, 2024 @01:17PM (#39644063)
> And there were over 350+ AirBNB units in the town

Or about 4.6%? Right? Sounds reasonably OK for a resort town.

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Re:Airbnb's Devastating Effect on Canadian Housing by lm411 on Friday March 08, 2024 @01:29PM (#39644238)
Sure, but, in such an extreme housing crisis it might be wise to adjust priorities so people have housing.

The town also has a massive NIMBY problem.

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Re:Airbnb's Devastating Effect on Canadian Housing by betaby on Friday March 08, 2024 @01:33PM (#39644306)
Come to Montreal! Our AirBnB listings peaked at about 0.025% of all apartments in 2018. If you still genuinely believe AirBnB is the problem where you live now.
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Re:Airbnb's Devastating Effect on Canadian Housing by lm411 on Friday March 08, 2024 @11:39PM (#39649422)
I didn't say AirBNB was "the" problem. It does contribute in a significant way.

Have you seen the rental prices in Vancouver, or CRD region?

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Re:Airbnb's Devastating Effect on Canadian Housing by betaby on Saturday March 09, 2024 @06:07PM (#39655388)
Sure I did. Also AirBnB peaked in Vancouver at 0.05% 5+ years ago of all condo stock. Thus I don't see how 0.05% of the all units can anyhow influence the market.
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Re:Airbnb's Devastating Effect on Canadian Housing by mbrameld on Friday March 08, 2024 @02:52PM (#39645519)
> Or about 4.6%? Right? Sounds reasonably OK for a resort town.

Or about 10,000% more vacant AirBnB units than long-term rental units. Sounds unreasonable for any town.

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