"We are still actively applying and trying to find a way to bring affordable housing to the Bonavista area. "We estimate that it's a lot higher now," Sheppard said. She said a needs assessment done two years ago found 34 families were interested in affordable housing. ![]() Airbnb is valued at over 70 billion as of August 2022, down 34.3 since the start of the year. Corporate revenue for the second quarter of 2022 totaled 2.104 billion. Laura Sheppard, chair of the SaltWater Community Association - a non-profit organization focused on community advocacy - said her organization has been pushing for affordable housing in the Bonavista area for three years. Airbnb statistics indicate the travel booking site has recovered from the losses of 2020 with a 280.2 increase in net income in 2021. Norman said the situation is dire, pointing to a family with four children that he said is living in a one-bedroom apartment in the town.Ä«etween the community's housing crunch and the struggling health-care system, he said, his hands are full trying to keep growing the town. "They're buying from out of town, being there for two weeks of the year, turning them into Airbnbs for three months and then they're shuttered while we have people who are homeless." People are getting evicted," Norman told CBC News. ![]() John Norman said the town is working with its municipal lawyer to craft new legislation and bylaws to rein in the market. ![]() The Town of Bonavista is hoping to put a freeze on accommodation properties because the short-term rental market in the popular tourism destination is putting stress on local housing, says the mayor. Bonavista is popular tourism destination but the town is hoping to put a freeze on short-term rentals to help free up housing for residents.
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