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I can't speak to the nature of the Canadian market, but in the bay area where people also say banning AirBnB will help I always like to remind people that there
by dkhenry 7y ago
I can't speak to the nature of the Canadian market, but in the bay area where people also say banning AirBnB will help I always like to remind people that there are approximately 7,000 AirBnb units in SF[1], and there is was an estimated housing shortage of 300,000 units in 2016[2]. Even if you outlawed all AirBnb listings, it would not change rent prices at all, its a rounding error on the shortage of available housing.
1. http://insideairbnb.com/san-francisco/ http://insideairbnb.com/san-francisco/
2. https://en.wikipedia.org/wiki/San_Francisco_housing_shortage https://en.wikipedia.org/wiki/San_Francisco_housing_shortage
- deleted 7y ago[deleted]
- toomuchtodo 7y agoI'm sure it would matter to the local residents who could occupy those units of course (excepting shared tenancy with an owner/renter, arguably a fair use of AirBnB in extremely tight housing markets).