this post was submitted on 05 Mar 2024
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61
Airbnb’s Devastating Effect on Canadian Housing | The Walrus (thewalrus.ca)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] justhach 34 points 8 months ago* (last edited 8 months ago) (2 children)

Could it be that the mounting evidence is demonstrating that the commodification of housing and its increasing use as an investment vehicle is driving the housing crisis?

Nah, must be those damn immigants and red tape thats not letting us build on protected environments!

[–] Nouveau_Burnswick 13 points 8 months ago* (last edited 8 months ago) (2 children)

By protected environments, do you mean zoning that only allows single family homes? Because that is part of the problem.

Edit: and two staircase rules, and parking minimums, and floor area ratios, and other "red tape"

[–] [email protected] 8 points 8 months ago

Higher density homes? No, no, no, we want to build our single family mini-mansions on wetlands and nature conserves. Get out of here with your logic and sensibility.

[–] [email protected] 2 points 8 months ago (1 children)

This is pretty specific to Toronto though. Isn't it?

[–] Nouveau_Burnswick 2 points 8 months ago

Dunno, I've never lived in Toronto.

[–] [email protected] 2 points 7 months ago

Why not both?

There is a multitude of factors fueling the crisis, but for whatever reason, people arguing for or against cannot fanthom that there is more than one reason.

The solution has multiple facets :

  • stop corporate ownership of single family home (that includes condos, plexes with owner occupant).
  • stop short term rental without proper permits (AirBnB and such). Make it hard to get the permit.
  • Change zoning laws
  • Build more housing
  • Reduces immigration until we sort out this mess.
[–] [email protected] 12 points 8 months ago

Here's a thought, ban these pirate gig-jobs that exploit local economies.