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Airbnb: Are short-term rentals making housing less affordable in Canada?

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Platforms like Airbnb are receiving renewed scrutiny amid a return to summer travel and an uptick in demand for short-term rentals, because of their role in making housing less affordable for some Canadians.

Experts who monitor the impact of Airbnb and others on housing affordability, however, say efforts to regulate the short-term rental market, like new legislation passed this week in Quebec, are showing promise.

But Airbnb says there’s no proof the platform is making housing more expensive for local residents.

Anne Gaviola has more on the impact of short-term rentals and the push for regulation.

For more info, please go to https://globalnews.ca/news/9758708/airbnb-short-term-rentals-affordable-housing/
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Category
U.S. & Canada
Tags
global news, Airbnb, short-term rentals
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