this post was submitted on 15 Jun 2023
81 points (97.6% liked)

Canada

7133 readers
260 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Regions


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social & Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

The population of Canada is expected to hit 40 million within the next day or two, according to StatCan's modelling.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 18 points 1 year ago (2 children)

It sucks. I know it's not the only reason we're in this mess but I think it would give us a big break is we banned Airbnb.

  • Airbnb hosts with over 100,500 listings in Canada.
  • Only 17% of total Airbnb revenues in Canada is generated by true home sharing, where the owner is present during the guestโ€™s stay. This means that in 2016/17, entire-home rentals comprised 83% of total Airbnb revenues in Canada.
  • Approximately 7-in-every-10 units on the Airbnb distribution platform are entire-home rentals, with guests having complete and sole access of the entire unit during their stay.
  • 1 in every 3 units in Canada is rented out for more than 90 days per year and generates 71% of total Airbnb revenues in the past 12-month period.

That's a lot of empty homes.

[โ€“] [email protected] 13 points 1 year ago

Airbnb but also speculative and for-profit ownership. Homes shouldn't be bought to rent.

[โ€“] [email protected] 1 points 1 year ago

doesn't that mean that 2/3 units are rented for less than 90 days? that means they should be utilizing capacity that would otherwise be sitting empty (i.e. because the owner is living in it for most of the year)?