>>So Airbnb is holding up somewhere in the range of 50% - 100% of the vacancy rate of units in Metro Vancouver. Which is insignificant, given the vacancy rate

>>So Airbnb is holding up somewhere in the range of 50% - 100% of the vacancy rate of units in Metro Vancouver. Which is insignificant, given the vacancy rate is a very small fraction of the total housing supply and has a natural level not affected by rental supply increases.