Just a casual look at AirBnB shows more than a thousand listings in Vancouver alone! Which makes sense, if you can rent out a suite for significantly more on AirBnB than you can to a local, long term renter, why wouldn’t you?

With AirBnB, you can reserve dates you want to use your suite, don’t have to worry about trying to evict a long term tenant and probably don’t have to meet any of the legal requirements that are attached to long term rentals.

In a world with AirBnB, what incentive is there for those low budget rentals?