Chinese speculators reduce growth by keeping property vacant. Airbnb doesn't aff... | Hacker News

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		fjsolwmv on June 20, 2019 \| parent \| context \| favorite \| on: Airbnb likely removed 31,000 homes from Canada’s r... Chinese speculators reduce growth by keeping property vacant. Airbnb doesn't affect growth. House prices are not growth, and they generate the tax revenue that you say helps get the infrastructure ready.

seanmcdirmid on June 20, 2019 [–]

Building more supply to keep up with demand, no matter how real, would be growth.

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