are you guys really so invested in airbnb being present in Canadian cities? “Just build more housing”, “Just reduce immigration” all for airbnb’s benefit?
AirBNB provides a service to out of towners who want to arrive, use very little social services, spend a bunch of money, and then leave. How is this bad? I don’t understand.
Because a lot of these houses sit there vacant for big percentages of the year. For example (easy numbers) if your mortgage is 1k/month, you can afford to rent it out for 200/night a leave it vacant the other 25 days of the month.
You ever see a hotel on a Tuesday? No one is there. Now stretch that across all the airbnbs in a city.
I don't understand how someone can't see how that isn't bad and is crating artificial scarcity. Homes are not hotels.