Don't float. Just DO IT!
this post was submitted on 21 Nov 2023
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Is the owner of the property living there more than 51% of the year? If not, then it’s a hotel, not a BNB. Tax and regulate it as such. Zoning laws prohibit hotels in neighborhoods for example.
Just ban AirBNB and other such bullshit companies from operating in Canada.
No shit. I'm not a fan of chain hotels prices and practices but they aren't taking homes away from people.
Rideshare (HA) and rideshare food delivery services also need to spend some time under the microscope.
Wouldn't it be better to boost long-term personal residence ownership? Boosting the number of people renting is just a way, it seems, of exacerbating the heart of the housing problem.
They need to do both. There are always going to be people who want/need to rent due to life circumstances as house ownership ties a person to the local area for an extended period of time. We need people to have the choice of moving, not never leaving their place because everywhere else is far more expensive than their current rates.
However, people who are ready to buy shouldn't be faced with property values 10-20 (or more depending where they are) times their annual salary. The issue is that housing needs to stop being seen as a investment and retirement fund, and just as a basic necessity of life.
How do you ruin an entire generations retirement plan when that's all they have? How do you screw over the following generations when most won't have anything?
You vote Liberal or Conservative. That's how.
Good thing we have that election reform right? Right?
Oh boy, slightly left criminal twits or harder right criminal twits. How can I ever decide!
False dichotomy.
Now try more left. And even more left. Canada isn't a two-party system, de facto or otherwise. Stop learning from the fucking Yanks.
You boost ownership by making it infeasible to be a landlord... You tax the fuck out of residential property ownership that is not your primary residence. If you own a home you don't live in, 1% tax on the total value of the home, every year... And that tax rate increases at 2x the rate of inflation, every year. Within a decade or two, the housing market gets fixed as each individual owner determines that their 'income property' isn't profitable anymore.
This is the best summary I could come up with:
Housing Minister Sean Fraser said Monday the federal government is considering a series of measures to curb the number of Airbnb and other short-term rental units on offer to boost the supply of homes available to rent for a longer stretch.
But Fraser said there's another way to address the supply crunch: make existing properties tied up on short-term rental platforms available to prospective long-term renters and buyers.
The Toronto Star reported Monday that Ottawa will soon block people from deducting expenses on short-term rentals in areas where those services are already limited by other levels of government.
"We know that short-term rentals through sites like Airbnb and VRBO mean fewer homes for Canadians to rent, especially in urban and populated areas of our country," Freeland told an October press conference.
The company said the Conference Board "found no compelling evidence that the level of Airbnb activity in Canada had a meaningful impact on housing affordability across 19 of the largest Canadian cities."
Many Canadians earn extra income through home sharing to make ends meet at a time of increasing inflation, interest rates and cost of living.
The original article contains 879 words, the summary contains 184 words. Saved 79%. I'm a bot and I'm open source!
considering a series of measures
Ah, I'll bet. And you'll say you'll "do something" just after you get elected again, right?
Seen this with the LPC and OLP too many times to count:
- Get elected in year one
- Let a problem fester for years 1,2 & 3
- Commit to study the possibility of a committee to make recommendations for a plan in year 4
- Call an election
- Say you have a solution that you'll implement, just after the election.
Wait Hussen is no longer housing minister? Good riddance...