Tag: Economy

Study finds Airbnb taking five percent of hotel market; multi-unit hosts taking half of revenue

A recent study of Airbnb’s impact on the hotel industry in Canada has concluded that the online booking service is taking 5.1 percent of Metro Vancouver’s hotel revenue and meeting about 5.3 percent of overall demand. “Our industry… Read More

We welcome newcomers, they buy houses, they seem to live in them. What’s the problem?

The new federal budget is expected to confirm a goal for a record number of new arrivals in Canada, with immigration likely to exceed 300,000 people in all categories. All of them will need someplace to live. As… Read More

Travel time priorities: new BC poll shows people wary of density, want shopping, green space close by

There’s a wealth of information, insight and perspective in a new Real Estate Foundation of BC poll about urban design and the built environment, including the news that BC residents have the least tolerance for long commutes to… Read More

Motion to challenge Assessment Authority on sky-high assessments in Vancouver

With non-profit housing operators, renters and commercial tenants now facing the impact of new, sky-high property assessments, pressure is growing on BC Assessment Authority to clarify its assessment methods, especially where increases are well above the average. The Vision… Read More