Rental Housing Crunch, Shadow Flipping, Racism, Airbnb

KELOWNA – Mayor Colin Basran says he’s hearing plenty from residents affected by the rental housing crunch in Kelowna which is why he thought it necessary to release a “guest column” to local media last week.

The one thing that the provincial government doesn’t want to talk about when it comes to our crazy real estate market is money laundering.

Foreign money, mostly from China, matters when it comes to the Lower Mainland real estate market – so why can’t we talk about that openly?

WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren on Wednesday called for a regulatory probe into whether short-term rental websites such as Airbnb are taking housing away from long-term renters and pushing up prices. Warren, joined by Senators …