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What happened to Airbnb?
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this post was submitted on 04 Nov 2023
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Because you're saying "don't worry about the already built housing people sit on for short term rentals, those don't count" they do count, there are a lot of them. How long would it take to build 9100 units in Toronto vs immediately dumpstering the airbnbs and forcing sale or long term rentals. There's a part of the issue that you just might not be aware of, it's the fucking vacant homes that sit there empty, making loads of cash during busy season.
You're right, building more is good, but without bans on short term rentals and proper regulations around multi home ownership we're just gonna build more units for landlords.
Not to mention, new buildings are excluded from rent control in Ontario.
Fuck that, in every sense. Why should the people already struggling for housing have to worry about landlords suddenly deciding to jack up rent by thousands, just so investors can have an easier go with AirBnB? That kind of expectation worsens a community, and absolutely contributes to the homelessness situation.
Nothing will make me support things like AirBnB at this point. People having homes should be more important.
I disagree. The main issue is lack of supply. Freeing up a few units here and there is merely providing a little short term relieve without doing anything to address the main issue. Get sufficient housing built, and the short term rental market wouldn't be an issue.
You seem to completely disregard the fact that freeing up "a few units here and there" will have a material impact that lessens the need for immediate building of more houses in already overpopulated areas. I'm not saying, by any stretch, that we shouldn't build but obfuscating the issue with another does not help. The short term rental market is an issue for a lot of people.