Study demonstrates that restricting short-term rentals improves housing affordability
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Municipal regulation of short-term rentals "is low-hanging fruit" that helps improve housing affordability, a new study by McGill researchers suggests. The research shows that rents were relatively lower in Canadian municipalities that imposed restrictions on when and how principal residences can be offered as short-term rentals.
Key takeaways
- 01Municipal regulation of short-term rentals "is low-hanging fruit" that helps improve housing affordability, a new study by McGill researchers suggests.
- 02The research shows that rents were relatively lower in Canadian municipalities that imposed restrictions on when and how principal residences can be offered as short-term rentals.
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