Airbnb hosts vs. renters: a tough conversation about the housing crisis

Sorry Mr. Sensitive Man Bun Guy, but there is no right to housing.

Make a law that you can only use a property as an Airbnb 4 months a year, or one year in three. Make AirBnBs pay a steep fee to fund a sub-tribunal to prevent clogging the housing tribunals/courts available to all landlords and tenants.

One comment that really got my attention was that Canada is going through a population boom and that as a country is growing faster than most other countries. There’s your problem. Too many people. Stop all immigration into your country, problem solved, you’re welcome!

Wow. That Lady at the end is a joke. Make Toronto like NYC? Really? Are you serious? Did she just use NYC as an example of affordability? She's clearly biased and trying to push an agenda but it doesn't even help her point. She should've referenced actual affordable cities.... Not cities that are over regulated and unaffordable.

Supply and demand folks. There is too much demand and not enough supply. Long term renters are simple being outbid by short term renters. We need a massive increase in supply of housing for all - for renters, for first time home owners, for investors. The investor reacts to the market conditions it's very simple, it's not greed or malice, it's economics 101. Increase the supply, this increases competition in the house market as people have more options and drives the price down. As price goes down, first the speculative investors who keep empty units will leave the market, speculative investing only works assuming the prices continue to rise. Then will be the airbnb hosts, again as supply increases and consumers have more options, the prices will go down and eventually it won't be feasible to sustain the Airbnb operation. As supply continues to increase, renting will become cheaper and cheaper to the point where it wouldn't make sense to even become a landlord anymore, for example if we built enough homes for purchase for everyone who wanted one, then no one would rent, they would just buy.
It's pathetic how badly mismanaged urban development and infrastructure investment is in Canada. Second biggest country in the world folks.... ask yourself, how is supply being constrained and who is to blame? You'll find your answer to the housing crisis.

I'm in Seattle and I'm having to live in an Airbnb right now. With my two children. This is a nightmare. I hope you all drown in debt.

Christian: stop fidgeting with your ring!!!

No one should own two houses until everyone owns one.

Lol the landlords don’t affect policy blame your politicians

If 1 tenant makes you go bankrupt, it means you're overleveraged and it is indeed your own fault, not that tenant's fault. You didn't calculate risk.

I've been dealing with renters who HAVE NOT PAID RENT ! I have a single downstairs unit, the unit is my "retirement plan", but with the pandemic, interest rates, oil costs, government policies regarding evictions will end up pushing me onto the street.
I'll be the one living in a tent; not my tenants, because it is incredibly difficult and expensive and time consuming to evict.

This not perfect rate go up no much building homes what People can do, it’s not Arabian be problem if they do business it’s good government should support them too. If any one not pay rent government should give shelters too. Because its not land load problem.

Government is sleeping

Solution, good educated tenant board, save land lord and tenant s

Land lord situation is very bad, Ontario law need to be changed, if any one not paying , government need to give them shelter and release the land lord

Landlords should not exist, period.

This might be a short term fix, but ultimately it's hard to complain about AirBNB. They are bringing in more money to a community to fund housing than normal renters would and my guess is the cash-strapped renters above would be the first in line to rent an AirBNB in any city they visit. By the same logic, why wouldn't we single out any other housing group? For example, why don't we force hotels to become rental apartments? Or if we feel like single detached homes are owed to first-time homebuyers or young families (FHYFs), and we assume it takes 25 years to raise a family, why don't we say owners of single detached homes must be forced to sell their property to an open market of FHYFs after 25 years?

I don't know why it's so hard to understand that there isn't physically enough housing for the number of people we have and the only possible long term solution is more people per household or more households. For example, we fight tooth and nail to keep multi-unit housing out of our neighbourhoods, only to have our adult children live in our basements! Yes, AirBNB probably pushes up rent short-term, but it seems like a waste of time to put so much energy into a group that is ultimately investing in and providing housing.

Toronto, in particular, it primarily at the scale of a rural township. You would be hard pressed to find buildings over two stories tall on most of the Bloor subway line. The City of Toronto has 22% the population density as the City of Paris and most neighbourhoods lose population every year as children move (are forced?) out. The idea that AirBNB or the international student who got off the plane yesterday is the root cause is unlikely.

My parents were never homeowners since moving in Canada in 2000. 🏡 I felt like it is a heavy burden on both sides of ally Airbnb host/renters vs. Renters. But yet again, in my opinion, the federal government and provincial/municipal should be working together across the ally to issue a gauge order of rent freeze for at least 2 or 3 years!!!🤷🤷🤷

this is the result of cheap money-

Canada really needs more rent regulation and housing, it's putting renters in increasingly precarious situations.

I liked this video and I agree with many of the things said here. I do want to bring two things:
1. When the lady speaking at end finishes they didn’t give the “renters”the opportunity to speak and express their thoughst about that. I think this is important because it shows that it is a debate else I’m afraid in the future people won’t want to participate in this kind of shows.
2. The excuse about making profit because there are no government regulations and putting the blame on the government is an example of lack of ownership. “Renters” are many and they build a considerable part of the electorate. Would they vote for a government proposing more housing regulations? Probably a good percentage won’t. Citizens need to take more ownership of their responsibility in democracy, for this to change we don’t need a change in government’s policies, we need a change on how society approaches this things as a collective and not as an individuals, government policies will a be a consequence of that.

"I would be bankrupt if I didn't have the means to cover the mortgage " - then buy a restaurant or stocks. No one running a business is guaranteed a profit, why do you feel you're entitled to a profit?

She couldve answered with we need more building stock to keep up with buying and renting demand. She didnt actually give an answer that solves the problem for both parties, more should and no how

The fact that Governments in western countries allow people to purchase housing for profit when there is a housing shortage is nothing less than criminal! There should be a one house at a time ownership law. Houses are for living in, not investments!

Renter: "landlords have done long term rentals and still made a lot of money"

Landlord: "i see what youre saying...but that vacation though" lol

They are the future, not you 😭😭😭😂😂😂

Isn’t huge corporations doing true same thing?

Liberals think they deserve to vote for bs climate laws and control peoples right to do what they want and how they want

Right on

The current housing crisis in Canada is unfolding as a multifaceted challenge that requires our collective attention and strategic solutions. As real estate prices continue their upward trajectory, the dream of homeownership is slipping away for many hardworking individuals and families, leaving them in the throes of an unsettling rental market.

Government creates inflation through needless spending and then blames it on short term rentals. Then they abolish short term renting and crash the housing market. Comical if it wasn't true.

Housing prices are unlikely to significantly decrease until there's a substantial increase in housing supply. In the USA , there's a shortage of millions of housing units, and construction isn't keeping pace. The constant demand for housing, coupled with population growth, means that even a slight price drop attracts numerous buyers who quickly absorb the available supply. I'm considering purchasing affordable houses in 2024 and possibly venturing into stock investments. When is the best time to enter the stock market? Some people say it is profitable , but others say it's risky. Any advice?

Here is the problem, you can’t have it heavily regulated on increasing supply/tax incentives for owners yet have a complete free market for rental and short term accomodation. That’s not a free market for both sides

Wonder how those AirBnb landlords behaving now; since many cities (like the one I live in) have cracked down on short term rentals?

Ya blame the government (which I agree) but don’t add more fuel to the fire

the airbnb guy is all me me me me he is really part of the problem

And in context they are showing citizens where are the corporations... CBC/news marketing people where are the corporations?

I I, me , me, me...

landlords buy investment properties as investments. its not the landlords problem that there arent enough affordable houses the government should build affordable apartments
The landlord is right it’s the survival of the fittest most people are bad with managing there money new iPhones the latest stuff and then complain they don’t have any money .

Cracking down on Airbnb is a great way to make me homeless.

I rent out my place as much as I can when I am away for work or taking care of my family.  I can not afford to live and work in Vancouver without this extra income.   Hosting an Airbnb is a lot more work than people realize.  It is definitely not free income.   My Air bnb maximizes the occupancy of my place.   It would be empty without short term rentals.


Attacking Airbnb hosts is a very easy way for politicians to shift the blame of high priced housing from restrictive development policies to hard working people who are making the most of the small appartment they can barely afford.

Sounds like that landlord can't afford to own his property if he's whining about costs going too high. Maybe he should sell the property at a price where he will break even, and then get a real job and actually bolster the economy, rather than being a non-contributing zero.

Should be forbidden Airbnb in high density cities in at least 50 Km distance diameter.

I love how at the end ... she fully discriminated the two landlords based on their age.... I'm pretty sure the one dude is the same age as the two renters... and he's right this is a government problem. The problem started at the top. But that a diffrent discussion. She's should definitely appoagize for her dumb statement of how only the renters are the future.

Regardless of how many years a renter has lived in their unit in Ontario, their landlord is permitted to raise the rent by at least the annual guideline set by the province. If you're a landlord, and that annual increase isn't going to cover your continued investment costs, then go invest in something else. It's not--or shouldn't be--renters' responsibility to pay for your investments.

Consumers, stop using AirBNBs. No demand, more supply.

JUST ...MONEY ..FOR ..SUPER .POWER ......AIR ..B N ,B ..SHAME ON THEM , WHEN ,ALL... USING AIR B NB ...FOR RENT ...
MORE MONEY AND , EVICTION ...RIGHT AWAY ...WITH POLICE ...? ......WHO IS ...BEHIND ...
? A GROUP OF SHARE HOLDER ....
1- CHESKY ....2 GEOSPH GEBBIA....3 - NATHAN BLECHARCZYK .......4 VANGAN ..GROUP ...
ARE ...THEY ....CAUSE ....RENTAL ...PROBLEM .....OR ..DAM TRODUE ....🤮🤮🤮🤮

Bam all bnb and watch how fast these ppl sell their properties

We have been hurting the moment Trudeau took office, rents have doubled.