3 ms·
It's not bc of Airbnb. It's bc of rent control: https://financialpost.com/real-estate/montreal-rent-cheaper-than-toronto https://financialpost.com/real-estate/
by jpn 3y ago
It's not bc of Airbnb. It's bc of rent control:
https://financialpost.com/real-estate/montreal-rent-cheaper-than-toronto https://financialpost.com/real-estate/montreal-rent-cheaper-...
Rent control makes renting less attractive and Airbnb more attractive.
Allow higher rents will encourage more building and therefore more supply.
- danlugo92 3y agoRent control without outlawing AirBNB will surely just make all landlords gravitate to AirBNB... Whether you think that's "good" or "bad" it is what happens... Now, if you think that's "bad" then you should ask your government to ban AirBNB /ON TOP/ of rent controls else the whole thing just doesn't make sense... ...I'm not being pro-AirBNB or anti-AirBNB but I'm pro-logic and pro-democracy (whatever 51% want in a given city is what the government should follow...)...