A Vancouver blogger is getting attention for his research documenting there are six times more AirBnB listings than vacant rentals in the city.
Pooya Esfandiar’s research suggests if you’re looking for a place to live, there are far fewer choices than someone just looking for a place to stay temporarily.
Downtown Vancouver, for instance, has ten times as many AirBnB listings.
And in Kensington-Cedar Cottage, the number of short-term places for accommodation are 15 times the number of vacant rentals.
Esfandiar says he wasn’t expecting these results, and hopes this will open the conversation about the housing market
“I just really wanted to raise awareness and see what policy makers or media do with it.”
He adds he was surprised and doesn’t know what’s next based on his findings.
“I don’t know how the policy makers are looking at this and I don’t know if they’re going to address this problem at all or not.”
Esfandiar’s findings, he says, creates questions about government’s role in protecting rental stock.