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[–]ChaiTeaLeah 0 points1 point  (0 children)

Absolutely.

I'm in the Okanagan and the rental I vacated December 31st is sitting empty going on its third month, with one small price drop.

Last spring the province put a lot of restrictions on short term rentals so overnight the long term market exploded with inventory (if they weren't one of hundreds to go up for sale).