March 9, 2016
The continued destruction of perfectly usable heritage homes in Vancouver is not the only example of the Vision Vancouver-controlled city council’s failed policies to encourage affordable housing and healthy communities. While demolitions continue apace, concern about the ability to own a home in this city is being eclipsed in some quarters by the ability to rent a space. Even though the city trumpets the construction of new rental housing, it is not nearly enough to keep up. Vacancy rates are below one per cent. That is proving even more problematic since the economic disrupter known as Airbnb has invaded the scene, encouraging practices that are most often illegal….
Source: http://www.vancourier.com/opinion/airbnb-wreaks-havoc-on-vancouver-rental-scene-1.2194418
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