Saturday, April 28, 2018
Forty-five percent of Canadians are eager to see their city restrict short-term Airbnb rentals, as per a brand new study from the Angus Reid Institute.
In the study, respondents asserted that they want a law similar to what is in place in Toronto and Vancouver that would only permit primary residences to rent out a place on Airbnb or any normal site that they normally reside in. Meanwhile, about 26% of Canadians said they would not wish such a law to come into effect.
Short-term rentals through services like Airbnb are offered as an alternative to staying in hotels, although they can cause a strain on regional housing markets as an alternative to staying in hotels has caused strain on local housing markets and increase pressure on monthly rents for local residents.
Notably, this survey portrays that residents of urban areas tend to more supportive to be supportive of such restrictions, while those people based in rural regions more often express uncertainty over the concept of Airbnb.
For instance, while support laws limiting short-term rentals remained “fairly consistent across age and gender groups,” Angus Reid noted a “significant differences between regions,” particularly with regions like Ontario, British Columbia and Quebec.
The push for regulation comes as more Canadians become aware of what exactly Airbnb is. According to Angus Reid, 13% of people have mentioned that they have never heard of Airbnb, marking a significant rise from the 28% who said they were not aware of the service in the year 2016. Further, 12% of respondents have said in the survey that they have utilized Airbnb, as compared to 5% in 2016.
Tags: Airbnb, Angus Reid Institute, Toronto, vancouver
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