2 ms·
Housing is a disaster in every major city and price have been going up almost 10% a year for a while. AirBnb hardly has any influence on that.
by user5994461 9y ago
Housing is a disaster in every major city and price have been going up almost 10% a year for a while. AirBnb hardly has any influence on that.
- RodericDay 9y agoMontreal is amazing, actually. Thanks, universally-slandered rent-control! Living in this city makes me realize how cargo-culty a lot of HN economics is.
- smsm42 9y agoA lot of cities have or had rent control, usually with disastrous results. What makes Montreal different (non-rhetorical question)?
- RodericDay 9y agoidk, I don't study the topic in-depth. However, I live here, and it's incredible. Every time some economist (or, worse, economics enthusiast) makes a ludicrous claim like "rent control is objectively and universally agreed upon to be bad" I just laugh. Montreal routinely ranks as one of the best cities in the planet (and I agree with that assessment), so clearly it's not as black-and-white as it's made seem.