Comment Re:I'm in Australia (Score 1) 89
This isn't the fault of AirBnB - it' sthe fault of regressive governance. In Canada, the government has done a poor job of detecting when a home purchase isn't a primary residence. Since capital appreciation of primary residence isn't taxed, this has allowed many to significantly enrich themselves, especially during boom times. AirBnB was one method they could take advantage of since it was easier than long term rental.
COVID isn't going to make the AirBnB problem go away. This too will become a memory, and people who were putting properties on AirBnB will return, and those who preferred AirBnB to hotels will go back to AirBnB. The solution to this is better taxation policy to disuade people from treating residential real estate as an investment.