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are you guys really so invested in airbnb being present in Canadian cities? “Just build more housing”, “Just reduce immigration” all for airbnb’s benefit?
by stanleykm 3y ago
are you guys really so invested in airbnb being present in Canadian cities? “Just build more housing”, “Just reduce immigration” all for airbnb’s benefit?
- selectodude 3y agoAirBNB provides a service to out of towners who want to arrive, use very little social services, spend a bunch of money, and then leave. How is this bad? I don’t understand.
- bongodongobob 3y agoBecause a lot of these houses sit there vacant for big percentages of the year. For example (easy numbers) if your mortgage is 1k/month, you can afford to rent it out for 200/night a leave it vacant the other 25 days of the month. You ever see a hotel on a Tuesday? No one is there. Now stretch that across all the airbnbs in a city. I don't understand how someone can't see how that isn't bad and is crating artificial scarcity. Homes are not hotels.
- stanleykm 3y agoBecause this site is full of free market absolutists and they have no interest in considering the downstream effects.
- philwelch 3y agoCanada would need to increase housing faster than population regardless; Airbnb is just a red herring.
- LegitShady 3y agoairbnb contributes to the problem but doesn't create it. It also makes for bad neighbourhoods.