Airbnb and speculation go hand in hand. A condo may be unaffordable as an investment with a long term rental, but when one can get higher rents with short term

Airbnb and speculation go hand in hand. A condo may be unaffordable as an investment with a long term rental, but when one can get higher rents with short term rentals it then becomes profitable. Now instead of investor landlords doing long term rentals you have those persons outbid by people who are willing to pay more because they're running virtual hotels. Resultantly the price of condos rises and vacancy decreases. This is explicitly the sort of group that the Vancouver regulations are targeting. Vancouver regulations allow you to rent out a room in your primary residence, but will not let you rent out a full house that is not your primary residence. A huge part of Airbnb's revenue comes from commercial operators that buy condos to rent out exclusively, so expect Airbnb's Vancouver revenue to drop like a stone. If this trend catches on Airbnb revenue could decrease quite a bit...