The problem I often see in these discussions is a lack of conversation around key areas:
1. Why are short-term rental units so popular with the renters? Why has the traditional market in this space fallen off and what can they do to adjust to new expectations by consumers.
2. Why are short-term rental units so popular with the owners? In the Toronto area for example I've heard from several unit owners that they would rather lose money than rent in the trad manner due to how far the rental laws have swung that makes evictions nearly impossible.
3. Specifically here in Canada these sorts of conversations always feel like a smoke screen or a way to find a useful idiot to get the masses angry with rather than addressing the core problem. In Canada our core issue is immigration policies that over the last 2 decades haven't been linked in anyway with capacity of housing, schools, healthcare etc.
1. Why are short-term rental units so popular with the renters? Why has the traditional market in this space fallen off and what can they do to adjust to new expectations by consumers.
2. Why are short-term rental units so popular with the owners? In the Toronto area for example I've heard from several unit owners that they would rather lose money than rent in the trad manner due to how far the rental laws have swung that makes evictions nearly impossible.
3. Specifically here in Canada these sorts of conversations always feel like a smoke screen or a way to find a useful idiot to get the masses angry with rather than addressing the core problem. In Canada our core issue is immigration policies that over the last 2 decades haven't been linked in anyway with capacity of housing, schools, healthcare etc.