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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 1 year ago by RehRomano@lemmy.ca to c/vancouver@lemmy.ca

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[–] nik282000@lemmy.ca 74 points 1 year ago (1 children)

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 1 year ago

Welllll let's not get carried away there.

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