An effort by the provincial government to transition short-term rental units into long-term rentals to help ease the housing crisis will have unintended negative consequences, says the owner of a B.C. condo that is rented out on Airbnb.
Anurag Sharma owns a 290-square-foot condo in the Janion building in Victoria. He and his wife purchased the unit as an investment in July for around $400,000.
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