[borne0]

>>Short term rentals do not diminish housing stock

If houses that would otherwise be rented or occupied are being used for short term rentals how can this be true?

[conanbatt]

The people that stay at short term rentals are also dwellers. They are taking up the time the longer term rentals aren't taking.

[sov]

You'd be correct iff a) the dwelling is occupied near-100% of the time AND b) hotels, hostels and similarly-zoned dwellings are routinely at capacity OR c) the dwelling rented is the principal residence of the owner.

Do you have data to support this w.r.t. Vancouver?

[borne0]

We disagree on the definition of dweller, cities require more than just vacation seekers to function. And the longer term renters aren't taking up those dwelling since it's more profitable for owners to rent out short term, but the reason that anyone wants to rent short term is because it's an interesting place to be, which it won't be if it's all people on vacation.

I'll call this the Ibiza Quandary.