ST Alpha - "9 unit condo in downtown Montreal has 1 resident, all other units being rented through Airbnb -- (link)" (Reading a Post)

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9 unit condo in downtown Montreal has 1 resident, all other units being rented through Airbnb -- (link)

Posted by Beaker (aka anniebecca) Aug 9 '17, 05:55

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http://www.cbc.ca/news/canada/montreal/airbnb-folo-plateau-mont-royal-1.4238765 (www.cbc.ca)

Responses:

That's terrible for the people of Montreal. It keeps good apartments out of the market and in turn likely raises the costs for the ones that are - Krusty Aug 9, 06:49 1
- it is SOOOOO against the rules for my building. I check the AirBnB site on occasion to see if anything shows up on the map on my street, but it never - Andie Aug 9, 07:28
[deleted] 10
- I'm skeptical that there's *that* much demand for temp rentals. -- nm - Reagen Aug 9, 06:47 9
  - When I lived in that part of Montreal, our monthly rent was about $800. Not sure what airbnb would earn, but I'd expect the owner could get more - Roger More Aug 9, 06:55
  - [deleted] 7
    - I'm saying I think there'll be a bit of a bubble pop - Reagen Aug 9, 06:52 6
      - Friends of mine have a basement apartment here in Toronto. If they rent it out for, i think, 10 days they get the equivalent of a month's rent - Andie Aug 9, 07:13 1
        
        [deleted]
      - [deleted] 3
        
        Something has to give, whether that's hotel prices, housing costs, regulations... -- nm - Reagen Aug 9, 07:28
        
        We haven't rented a hotel room on vacation in years. If we need a place for one night somewhere, we do a hotel, but for more than a night, it's - Andie Aug 9, 07:23 1
        
        [deleted]

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