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by pitaj
840 days ago
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> The role of Airbnb cannot be ignored; it is negatively affecting housing availability as landlords can make much more profits on short-term rentals than long-term ones. It can be ignored if it's insignificant - I haven't seen any evidence to show that banning short-term rentals significantly improves housing prices. |
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Some places have limited buildable land and Airbnb was taking over a lot of long term rentals.
Example of how this affects larger towns: https://montreal.ctvnews.ca/montreal-tenant-receives-evictio...