Comment on What happened to Airbnb?

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shartedchocolate@lemmy.world ⁨1⁩ ⁨year⁩ ago

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.

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