Episode 13: Confronting the Reality of STR Regulations | Steve Durand
Steve Durand joins us again this week on the podcast for an update on current events in Quebec as it relates to short-term rentals and Airbnb regulations.
Two weeks ago in Montreal there was an apartment fire that killed seven, and unfortunately was home to several Airbnbs. While the Quebec province has required STR registration for some time, it wasn’t enforced (by them or Airbnb) until now, when outside pressure has forced them to address this. Airbnb has now shut down all short-term rentals not registered (and displaying their registration number on their listing) which has put a lot of hosts in tough situations.
We talk about how this impacted Steve specifically, as well as how all STR hosts can usee this as a lesson to help refine their business models and backup plans.
Listed to our first conversation with Steve Durand in Episode 9 here.