Quote:
Originally Posted by SebC
Short-term rentals are a necessary part of the housing supply, particularly in places with low vacancies, unless you want people renting units they haven't even had a chance to look at and lowered labour mobility.
Scapegoating AirBnB for housing costs isn't a real solution to the real problem, which is that we don't zone for and build enough housing in the places where people want to live.
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I was thinking the other way. so many thousands of people are using dwellings they own for short term holiday rentals that it's a factor in the long term rental shortage.
I don't understand how holiday rentals eliminating property for long term living would help a housing shortage.
either way, having them properly licensed and held accountable is a good thing no matter the state of vacancy rates.