Steve Nguyen runs two Airbnb units in a downtown Victoria apartment building, including one decorated and paying homage to the television show, “Friends”. He says he’s still reeling from the news he soon won't be able to operate it as a short-term rental since he doesn’t live there.
the spin from the restaurant/tourism side is appalling, they are probably in bed or have stake in that short term rental industry as well but said they couldn’t afford more employee or employee won’t be able to stay local? what? how about other thousands not be able to find reasonably priced rental place to work in different industry?
If housing prices dropped regular residents could afford restaurant meals.