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Airbnb and others are rental affordability lightning rods. Will reforms help?

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As politicians pitch tighter regulations on short-term rentals as a way to improve housing affordability in Canada, there's a renewed debate about whether crackdowns on platforms like Airbnb will lead to improvements.

A recent study by the Conference Board of Canada, for example, suggests even if some of these rentals are turned into long term or made available for sale, it's unlikely to be enough.

Sean Previl has more on what the report says and why short-term rentals have become the new affordability lightning rod.

For more info, please go to https://globalnews.ca/news/10038762/airbnb-rental-affordability-will-reforms-help/
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Category
U.S. & Canada
Tags
global news, Canada, housing market
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