I find it criminal that this new law defines short term as less than 90 days when the world standard is 30 days , virtually everywhere. It's also so anti freedom and so anti property rights that I think it will continue the long term acceleration of capital flight and insufficient investment.
Absolutely agree! The federal government and most municipalities define short term as under 30 days. I don't see these regs creating a substantial amount of new housing inventory at all, just pure virtual signaling
Do you remember Uber a few years ago ? Lots of controversy, bans, etc..I was away a few years but now I see an Uber from Vancouver to Burnaby is cheaper than a 6oz glass of wine ! Do you think the Airbnb rules somehow can transform over time? Is it a temporary arbitrage ? Can't say I like govs using business for running the economy then changing the rules if things "improve" or they see it was a disaster...
I find it criminal that this new law defines short term as less than 90 days when the world standard is 30 days , virtually everywhere. It's also so anti freedom and so anti property rights that I think it will continue the long term acceleration of capital flight and insufficient investment.
Absolutely agree! The federal government and most municipalities define short term as under 30 days. I don't see these regs creating a substantial amount of new housing inventory at all, just pure virtual signaling
Do you remember Uber a few years ago ? Lots of controversy, bans, etc..I was away a few years but now I see an Uber from Vancouver to Burnaby is cheaper than a 6oz glass of wine ! Do you think the Airbnb rules somehow can transform over time? Is it a temporary arbitrage ? Can't say I like govs using business for running the economy then changing the rules if things "improve" or they see it was a disaster...