Kelowna's Short-Term Rental Crackdown 'Worked,’ But for Who?

Kelowna's short-term rental banning policy was built on the assumption that housing scarcity was a supply-side problem, with the assumption that there are too many Airbnbs and not enough apartments. However, the vacancy rate revealed that in a city where population growth has been cut and income earning does not equate affordability, the scarcity wasn't just about available units. It was about who is able to afford to live in them.