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September 25, 2023 | McGill Housing Study: “Staggering Impact of Short Term Rentals”

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Greater restrictions around short-term rental properties seems inevitable.

A McGill University professor has found some eyebrow-raising numbers regarding short-term rentals in B.C.

…“The report underscores the need for the Province of B.C. to implement a province-wide short-term rental registry and platform accountability measures to save tenants billions in rent and address housing supply, attainability, and affordability,” the study said.  Here is a direct video link.

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September 25th, 2023

Posted In: Juggling Dynamite

One Comment

  • Rudy says:

    BC and Ontario are doing everything in their to screw landlords. Costs are up more than 10% and rent increases are limited to 3.5. Tenants can not pay rent for 6 months to a year. Damage deposits are way too low and often can’t be withheld if disputed.
    Landlords have to be insane to rent long term and should sell out if they can. It is only going to get worse.

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