Canadian here. While AirBNB can be a problem, the real problem is not AirBNB. It's actually housing as an investment rather than a place to live. You can shut down AirBNB or regulate it or whatever, but as long as you've got housing as a lucractive investment with not enough new housing being built, you're going to get people trading it like the stock market. I mean, come on, we've got a finite amount of land.
Property investors like articles like this because they shift the blame. How about instead a regulation over how many houses/apartments a person can own? How about a maximum of one? Or I bet even two would slow it down.
Property investors like articles like this because they shift the blame. How about instead a regulation over how many houses/apartments a person can own? How about a maximum of one? Or I bet even two would slow it down.