This Vancouver home made $18K a month from short-term rentals. Are regulations working? | Globalnews.ca
globalnews.ca
The number of short-term rentals in Vancouver has exploded in recent years, and critics say regulations aren't tough enough to ensure they aren't taking needed housing stock.
  • zephyreks@lemmy.ca
    1·
    1 year ago

    Airbnb’s problem is that it socializes the cost of short-term housing, not that it’s removing housing supply.

    While it is removing housing supply, that’s a problem of underbuilding (as you mentioned).