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submitted 1 year ago by Grappling7155@lemmy.ca to c/canada@lemmy.ca

Fairbnb’s new co-op platform aims to offer short-term rentals without the destructive side effects by Kunal Chaudhary • The Breach

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[-] Kbin_space_program@kbin.social 6 points 1 year ago

The shortage is investors hoarding.

[-] Pxtl@lemmy.ca -2 points 1 year ago

Investors rent their units out. If there were too many investors, rents would crash because of a supply glut.

The reason investors exist is because there's a shortage. Things that are plentiful don't get people hoarding them.

this post was submitted on 27 Oct 2023
40 points (90.0% liked)

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