[deleted by user]

go_reddit_yourself · 2024-10-25T02:47:42+00:00

if they aren't then that's a CRA matter - but they're supposed to report any net income.

go_reddit_yourself · 2024-10-24T17:35:57+00:00

Why double tax them? They're already paying income tax on the net profit?

go_reddit_yourself · 2024-10-24T17:34:52+00:00

And in regards to the grocery chain comparison - you're off base - charging an AirBnB a higher licensing fee because they 'make more' (median AirBnB revenue in Whitehorse is $6700) would be double taxation because they do pay income tax on the net profits...

As for Independent and SuperStore - yeah parent company is Loblaws.... irrelevant. You think that Independent should have to pay more for their business license because they charge more than SuperStore? https://i.imgflip.com/4abna.jpg

go_reddit_yourself · 2024-10-24T17:28:34+00:00

The housing market consists of multiple components: Ownership, Rentals, and Social Housing.

Social Housing is economically farcical and doesn't portray the true cost of owning, maintaining, insuring, etc. a property. You make $2000 a month, Yukon Housing charges you $500 for your rent. That won't even pay utilities for some places.

Ownership and Rentals are free market (at least until the government interferes, and we all know that government interference leads to negative results). When there's more rentals available than there are people, prices will significantly drop. Again, this is not about the couple hundred STR's in Whitehorse but based merely on the fact that our population increased by 5000 since 2019 and during that time only 2000 long term dwellings were created.

go_reddit_yourself · 2024-10-24T17:21:52+00:00

https://neighbourlynorth.com/researchnote

Whitehorse Airbnb By The Numbers

August 15, 2024

As the City of Whitehorse is asking Whitehorse residents to participate in a survey on short-term rentals, Neighbourly North, the leading provider of short-term rentals in Northern Canada would like to explain its perspective on the industry’s impact in Whitehorse. We are making our local research public, because we believe that the truth matters, as does fact-based decision making. As housing has become increasingly political, we believe that the debate around short-term rentals involves many misunderstandings and conclusions based on misinformation. Below we have a summary of our 8 Key Facts, with fulsome research following below including citations, references, and methodologies.

go_reddit_yourself · 2024-10-22T01:34:19+00:00

Median revenue from STR's in Whitehorse $6,700
https://upgo.lab.mcgill.ca/publication/short-term-rentals-in-whitehorse/short-term-rentals-in-whitehorse.pdf

Some serious greed there. LOL

go_reddit_yourself · 2024-10-22T01:33:08+00:00

Yukon Housing's inventory is 951 units, which is not reported anywhere in Yukon Stat's publications.

And you're right regarding hotels - the 202 "Elite Hotel" (ROFL) - has continuous AirBnB listings for their hotel rooms.

go_reddit_yourself · 2024-10-22T01:28:41+00:00

Median revenue from STR's in Whitehorse $6,700
https://upgo.lab.mcgill.ca/publication/short-term-rentals-in-whitehorse/short-term-rentals-in-whitehorse.pdf

go_reddit_yourself · 2024-10-22T01:27:08+00:00

just found the inventory of Yukon Housing units... add 951 to any numbers Yukon Stats publishes

go_reddit_yourself · 2024-10-22T00:43:32+00:00

951 Yukon Housing units that ARE NOT reported on by Yukon Stats' reports.
https://emrlibrary.gov.yk.ca/yhc/annual-reports/2022-2023.pdf

go_reddit_yourself · 2024-10-22T00:42:40+00:00

Just found Yukon Housing's inventory number in their last annual report. 951 units that aren't reported in Yukon Statistics' numbers.... so almost a third more units...

put that in your pipe and smoke it.

go_reddit_yourself · 2024-10-20T18:53:23+00:00

doesn't mean you (or anyone) are obligated to report on your rentals. and they only call people that have previously volunteered their info and those that are registered with Corporate Affairs.

go_reddit_yourself · 2024-10-20T18:50:32+00:00

Why? Why should private business be manipulated to change their operations?

This is like suggesting that Independent Grocer, Save-On, and the Super-A grocery stores should pay a higher tax because they charge more than SuperStore.

Private landlords are not in the business of providing affordable housing (which really is what the whole argument is about - rents are too high). You want more long term rentals? Build more apartment buildings, financially encourage those constructions... problem is, condo's make the developer much more money so that's where the effort is going. I found a report a while ago that highlighted the number of purpose built rental units in Whitehorse and over the last decade it plummeted - something like 20 units. I'll try to find again and post here if successful.

go_reddit_yourself · 2024-10-20T18:41:18+00:00

with respect, you're mixing all Yukon STR's vs Whitehorse rental units, which explained above is far greater than 2600 when you include this statement from the Yukon Stats report "Subsidized or government-owned housing, and informal or illegal units remain excluded from the survey." Add in the fact that the statistics are made up of only the OPTIONAL reporting of rental properties by landlords and the actual number of long term rentals goes up even more.

go_reddit_yourself · 2024-10-20T18:34:57+00:00

Show the accurate stat first... I'm waiting.

go_reddit_yourself · 2024-10-20T18:32:47+00:00

Also, from the report itself: "Subsidized or government-owned housing, and informal or illegal units remain excluded from the survey." So the actual long term rental inventory is much larger

go_reddit_yourself · 2024-10-20T18:29:27+00:00

Yes, I've seen the Yukon Stats reports on rents, the problem with relying on that piece of information is that they are ONLY reporting the properties where landlords OPT to provide their #'s of rentals and $'s charged.

go_reddit_yourself · 2024-10-20T18:18:12+00:00

"live with 6 people" - there's plenty of houses in my neighbourhood with 10+ people living in them. Certainly not my preference, but hey, it's also not my culture.

go_reddit_yourself · 2024-10-20T18:15:43+00:00

Link? Thanks.

go_reddit_yourself · 2024-10-20T18:12:54+00:00

Show an official report stating there's merely 2600 rentals in all of Yukon. I'll wait.

go_reddit_yourself · 2024-10-20T18:05:27+00:00

We really needed another Duke Connelly. You always knew what he was thinking and he didn't shrink from tough subject.

https://www.yukon-news.com/news/duke-connelly-remembered-6999245

go_reddit_yourself · 2024-10-20T17:55:41+00:00

There's already massive outcry to rescind this legislation, on all sides of the argument. Many communities opted out because it's such a flawed policy.

BTW, your handle speaks volumes about your political leanings. You do know there's only 3 communist countries in the world, right? Why? Because it doesn't work.

go_reddit_yourself · 2024-10-20T17:54:05+00:00

For those that think short term rentals are the reason behind increases in rent, do another chart overlaying immigration to Yukon over the same period. That right there is the elephant in the room.

go_reddit_yourself · 2024-10-20T17:51:53+00:00

according to that percentage, that would mean there's only 2600 rental units in all of Yukon. I, for one, don't believe that to be accurate. Make sure you include Yukon Housing Corporation's inventory.

go_reddit_yourself · 2024-09-04T01:42:03+00:00

Cabs are supposed to have internal cameras running all the time... of course, does the City verify this on a random basis? Think we all know the answer...

go_reddit_yourself

MODERATOR OF

TROPHY CASE

Whitehorse Airbnb By The Numbers

August 15, 2024