Quote:
Originally Posted by chowhou
My response was not to say that they're renting the suite for the same reason, obviously they're not. But can you tell me what exactly an AirBNB renter does that a long term renter doesn't?
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Continuing this here. Generally the biggest difference is the AirBnB renter does not work in the city the STR unit is located in. So if an AirBnb landlord owns six units and lives in just one, that is five units taken away from housing local workers the economy needs.
Yes, more construction would help solve the housing shortage but that is constrained by available, affordable land, available construction workers etc.
I'm a bit surprised you're so vociferous in defending a position almost nobody else agrees with. Do/did you own a short term rental unit?