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Airbnb operator says he's facing losses of hundreds of thousands of dollars because of new short-term rental laws (bc.ctvnews.ca)

submitted 10 months ago by RehRomano@lemmy.ca to c/vancouver@lemmy.ca

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[-] nik282000@lemmy.ca 74 points 10 months ago

but plans to list it for $150,000 less than he bought it for a year ago – its value walloped because in a matter of months, it will no longer be useable in most cases as an Airbnb, “The revenue stream dictates the value,”

The system works!

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[-] thanks_shakey_snake@lemmy.ca 10 points 10 months ago

Welllll let's not get carried away there.

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this post was submitted on 18 Oct 2023

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