6 ms·
You'd be correct iff a) the dwelling is occupied near-100% of the time AND b) hotels, hostels and similarly-zoned dwellings are routinely at capacity OR c) the
by sov 8y ago
You'd be correct iff a) the dwelling is occupied near-100% of the time AND b) hotels, hostels and similarly-zoned dwellings are routinely at capacity OR c) the dwelling rented is the principal residence of the owner.
Do you have data to support this w.r.t. Vancouver?
- conanbatt 8y ago> a) the dwelling is occupied near-100% That requirement is as sensible as saying that vancouver should outlaw residents from vacationing outside vancouver to ensure there are no vacant properties. Its not the goal to maximize each minute within a housing unit, thats not something you want to focus on. > b) hotels, hostels and similarly-zoned dwellings are routinely at capacity There is no need to look at such thing. In this case you are trying to look at each potential dwelling unit as an abstract unit and each resident as a unit, but they have their own differences and imperfections. Looking at such a metric will push you to think policies like moving long term residents to hotels! > Do you have data to support this w.r.t. Vancouver? I can tell you people travel a lot more because of airbnb, and that there are way more cities that don't care about airbnb at all because it doesnt affect their housing market significantly.
- around_here 8y ago> That requirement is as sensible as saying that vancouver should outlaw residents from vacationing outside vancouver to ensure there are no vacant properties. Its not the goal to maximize each minute within a housing unit, thats not something you want to focus on. You do want people living in their homes for the vast majority of the time. You want them living there, hopefully being part of the community, getting invested in their lives there. The original argument is very sensible. > There is no need to look at such thing. In this case you are trying to look at each potential dwelling unit as an abstract unit and each resident as a unit, but they have their own differences and imperfections. Looking at such a metric will push you to think policies like moving long term residents to hotels! This is only sort of okay. No reasonable person who cares about housing would push to move long term residents to hotels. This is just a terrible premise to put forward. > I can tell you people travel a lot more because of airbnb, and that there are way more cities that don't care about airbnb at all because it doesnt affect their housing market significantly. Do they really? Like whom? AirBnB isn't particularly expensive, and all-in costs are more often than not more expensive than hotels. I don't know _anyone_ who says they travel more because of AirBnb.
- conanbatt 8y ago> You do want people living in their homes for the vast majority of the time. You want them living there, hopefully being part of the community, getting invested in their lives there. The original argument is very sensible. I vehemently disagree. People should be doing what they want, not what some other random person thinks they should be doing. Cities have dead periods all the time: people leave new york in the winter, or buenos aires in the summer. The idea that a community grows stronger by putting a fence is a sad one to me. > This is only sort of okay. No reasonable person who cares about housing would push to move long term residents to hotels. This is just a terrible premise to put forward. It is the equivalent premise to saying that you should ban hotels so there are more long term residents, or known as, reduce short term housing stock to increase long term housing stock. > Do they really? Like whom? AirBnB isn't particularly expensive, and all-in costs are more often than not more expensive than hotels. I don't know _anyone_ who says they travel more because of AirBnb. You might also not hear anyone say they use cabs more because of lyft and uber but I assure you that they do. Hotels have not particularly suffered their market share because of airbnb, but airbnb is widely used in all major cities. Hostels probably took a hit, but nowhere near the usage airbnb has. Hotels ~=, Hostels -=, Airbnb ++++= => people are travelling more.
- around_here 8y ago> I vehemently disagree. People should be doing what they want, not what some other random person thinks they should be doing. Cities have dead periods all the time: people leave new york in the winter, or buenos aires in the summer. The idea that a community grows stronger by putting a fence is a sad one to me. A society's benefit takes precedent over the desires of individuals. A society wants people living in their homes most of the time. They want the majority of housing for residents with very few, specific examples such as resort towns. > It is the equivalent premise to saying that you should ban hotels so there are more long term residents, or known as, reduce short term housing stock to increase long term housing stock. Again, that's not the case. Hotels are purpose built, temporary places for people to stay. AirBnB is made on the premise of converting existing long-term housing in to short-term rentals. > You might also not hear anyone say they use cabs more because of lyft and uber but I assure you that they do. Hotels have not particularly suffered their market share because of airbnb, but airbnb is widely used in all major cities. Hostels probably took a hit, but nowhere near the usage airbnb has. Hotels ~=, Hostels -=, Airbnb ++++= => people are travelling more. I don't have any numbers here and without doing it, I'm not going to hand wave at it anymore.
- sov 8y ago> That requirement is as sensible as saying that vancouver should outlaw residents from vacationing outside vancouver to ensure there are no vacant properties. Its not the goal to maximize each minute within a housing unit, thats not something you want to focus on. I think you're confused about what I'm saying here. I'm not stating that this is legislation I'd hope to have passed--I'm saying that your point (short term rentals don't decrease effective housing availability in Vancouver) can only be true if certain conditions are met--your main point here, being covered in c) 'the dwelling rented is the principal residence of the owner.' This agreement with AirBnB is a step towards acknowledging this. Mostly, though, I think your response indicates more strongly that you're just confused about Vancouver as a city. Things that work elsewhere in the world (eg: flat expansion) don't work for Vancouver due to ocean to the west, the US border on the south, and mountains/other townships already experiencing housing pains on the north and east. Things that most other places care about (eg: AirBnB tourism) don't apply so much to Vancouver, as almost all our tourists either go to Whistler or arrives on cruise ships (and thus needs no AirBnB). The hotels and hostels have more than enough capacity to handle the rest. It's a fact of the matter that landlords buying multiple apartments to rent out temporary AirBnBs reduces housing stock, just as it's a fact that refusing to rezone certain areas of Vancouver reduces potential house stock. > I can tell you people travel a lot more because of airbnb I agree, but it's not pertinent to discussion w.r.t. Vancouver. > and that there are way more cities that don't care about airbnb at all because it doesnt affect their housing market significantly. I agree, but it's not pertinent to discussion w.r.t. Vancouver.
- conanbatt 8y ago> It's a fact of the matter that landlords buying multiple apartments to rent out temporary AirBnBs reduces housing stock, just as it's a fact that refusing to rezone certain areas of Vancouver reduces potential house stock. In a pre-hotel era, it could have been also argued that hotels reduce the housing stock. After all, if long term residents dont use them, you could build residents in that place. It has to be made absolutely clear that favoring long term residents over short term residents is a matter of power not of economics. It is a modern attempt at a tariff, or at an import restriction. Vancouver might not be able to expand sideways but it can expand up. But lets say for the sake of argument it is impossible to build even a single dwelling unit more. Who is to say what each unit provides as maximum value? Why do you think that long term residents are more valuable to the city than short term residents even when they pay less, and where do you draw the line between allowing airbnbs or banning hotels. Or putting tourist quotas or tariffs. > I agree, but it's not pertinent to discussion w.r.t. Vancouver. It is very much pertinent to vancouver. They have a disease that would exist with or without airbnb, which is the affordability of the housing stock. Airbnb might aggravate that like eating ice cream aggravates your indigestion. That doesnt mean the proper solution is to 'regulate' ice cream.