On the flip side I hope there are still many available for renting. I don’t want to own, but renting a cottage with friends is usually a great time. It’s a vacation rental not a living rental, I see the two categories in wholly different ways.
Depends - the area you see as vacation property is an area that people live in, unless its on seasonal roads only, or water access only.
I live in an area where vacationers from a big city come out and cottage here. Often its a family cottage they’ve been coming to for decades, so I don’t really have a problems with them renting.
But through covid tons of people from the city bought cottages and drove homeowning out of the grasp of any locals. These are full, four season structures on roads serviced by the township. The average housing price ~doubled, and most locals can’t buy.
If people aren’t using the cottage so often that they can rent it out regularly, then I don’t have a problem with them having to give it up or be more heavily regulated.
On the flip side I hope there are still many available for renting. I don’t want to own, but renting a cottage with friends is usually a great time. It’s a vacation rental not a living rental, I see the two categories in wholly different ways.
Depends - the area you see as vacation property is an area that people live in, unless its on seasonal roads only, or water access only.
I live in an area where vacationers from a big city come out and cottage here. Often its a family cottage they’ve been coming to for decades, so I don’t really have a problems with them renting.
But through covid tons of people from the city bought cottages and drove homeowning out of the grasp of any locals. These are full, four season structures on roads serviced by the township. The average housing price ~doubled, and most locals can’t buy.
If people aren’t using the cottage so often that they can rent it out regularly, then I don’t have a problem with them having to give it up or be more heavily regulated.