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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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[-] Pyr_Pressure@lemmy.ca 6 points 1 year ago

If there's less chance of people being able to make bank on housing by buying up properties to rent out short term at $500 a night then housing costs go down even if supply doesn't go up. Those people are way more willing to pay $50k over asking than someone who will be paying the mortgage and living there full time.

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

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