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jpn | 2 years ago
https://financialpost.com/real-estate/montreal-rent-cheaper-...
Rent control makes renting less attractive and Airbnb more attractive.
Allow higher rents will encourage more building and therefore more supply.
jpn | 2 years ago
https://financialpost.com/real-estate/montreal-rent-cheaper-...
Rent control makes renting less attractive and Airbnb more attractive.
Allow higher rents will encourage more building and therefore more supply.
danlugo92|2 years ago
Whether you think that's "good" or "bad" it is what happens...
Now, if you think that's "bad" then you should ask your government to ban AirBNB /ON TOP/ of rent controls else the whole thing just doesn't make sense...
...I'm not being pro-AirBNB or anti-AirBNB but I'm pro-logic and pro-democracy (whatever 51% want in a given city is what the government should follow...)...