Airbnb’s Devastating Effect on Canadian Housing | The Walrus
Airbnb’s Devastating Effect on Canadian Housing | The Walrus
How Montreal priced out long-term renters as thousands of homes became vacation suites
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Could it be that the mounting evidence is demonstrating that the commodification of housing and its increasing use as an investment vehicle is driving the housing crisis?
Nah, must be those damn immigants and red tape thats not letting us build on protected environments!
By protected environments, do you mean zoning that only allows single family homes? Because that is part of the problem.
Edit: and two staircase rules, and parking minimums, and floor area ratios, and other "red tape"
<blank stare> Higher density homes? No, no, no, we want to build our single family mini-mansions on wetlands and nature conserves. Get out of here with your logic and sensibility.
This is pretty specific to Toronto though. Isn't it?
Dunno, I've never lived in Toronto.
Why not both?
There is a multitude of factors fueling the crisis, but for whatever reason, people arguing for or against cannot fanthom that there is more than one reason.
The solution has multiple facets :
- stop corporate ownership of single family home (that includes condos, plexes with owner occupant).
- stop short term rental without proper permits (AirBnB and such). Make it hard to get the permit.
- Change zoning laws
- Build more housing
- Reduces immigration until we sort out this mess.