How the Airbnb ban led to lower rental prices in Canada’s major cities

The long-term rental market is seeing a migration of furnished units due to the pandemic and a ban on short-term rentals

“We are seeing an incredible new amount of inventory of furnished units come onto the long-term rental market over the last few months,” said Andrew Harrild, co-founder of Condos.ca. “At Ice Condos, for example, there are now 147 units available for rent, which is unbelievable.”… [Read More]