Insight
The study by McGill University highlights the direct financial benefit of short-term rental regulations on the rental market and housing affordability.
McGill study finds Airbnb restrictions saved Canadian renters $55 a month — and $192M nationally by 2023
Summary
A McGill study indicates that Airbnb restrictions in Canada have significantly benefited renters, saving them an average of $55 per month. Nationally, these regulations are projected to save renters a total of $192 million by 2023. This highlights the impact of STR regulations on housing affordability.
Key takeaway