More than half of Vancouver Airbnb hosts use income to pay rent, mortgage: study
VANCOUVER — The home-sharing service Airbnb says it doesn’t believe it’s having a negative impact on rental vacancies in Vancouver.
A new report released by the company Thursday based on 2015 statistics says that more than half of the people who rent out their homes do so to afford their cost of living.
“It shows the majority of people in Vancouver are doing this on occasion and doing this as supplemental income,” says Max Pomeranc, Airbnb’s regional head of public policy.
There are over 4,200 active Airbnb hosts in Vancouver.