I lived in a small community / somewhat resort town on Vancouver Island a couple of years ago. Population less than 15000.
Typically there would be less than 3-4 residential long term rental units available in the whole town. And there were over 350+ AirBNB units in the town - mostly empty in the off seasons. Almost all condos, apartments, or laneway houses.
Many people unable to find housing... Families living in trailers, RV's, etc. Lots of single people living out of their cars. People with decent incomes.
There are a lot of causes for the housing crisis in Canada, but, AirBNB definitely plays a big role in the rental market.
Typically there would be less than 3-4 residential long term rental units available in the whole town. And there were over 350+ AirBNB units in the town - mostly empty in the off seasons. Almost all condos, apartments, or laneway houses.
Many people unable to find housing... Families living in trailers, RV's, etc. Lots of single people living out of their cars. People with decent incomes.
There are a lot of causes for the housing crisis in Canada, but, AirBNB definitely plays a big role in the rental market.