"The prevailing thinking today, according to Gallagher’s review, was that there’s little discernible impact on housing affordability from short-term rentals on a macro, country-wide scale. “There are effects, but they’re very highly localized in tourist hot spots,” he says. “And when we’re looking at large markets, it’s not a huge effect. Not compared to the magnitude of the housing price appreciation that we’ve seen.”"

The return of summer travel and increased demand for short-term rentals are raising concerns about the impact of platforms like Airbnb on housing affordability in Canada.

As demand returns, can short-term rentals co-exist with housing affordability? (Global News)

The return to summer travel and an uptick in demand for short-term rentals are renewing scrutiny on the role platforms such as Airbnb play in making housing less affordable for some Canadians.