Airbnb takes the issue of affordable housing in Québec City very seriously and we are committed to promoting responsible home sharing through information sharing.
We took a look at the data and are sharing the following facts about our Airbnb community in Québec City:
- Airbnb’s entire home listings are a tiny fraction of the Québec City housing market. Only 3,300 entire home listings hosted at least one trip in the study period (Oct. 1, 2017 – Oct. 1, 2018) — just 1.3% of Québec City’s 266,409 housing units.
- The vast majority of entire home listings are shared occasionally. In the past year, 40% of entire home listings in Québec City were rented for less than 30 days, 66% were rented less than 90 days, and 85% were shared less than 180 days.
- Airbnb is a housing affordability solution. In 2017, 51% of surveyed hosts in Québec City reported that they use Airbnb to help stay in their homes.
Simply put, entire home listings on Airbnb are not a driver of housing prices in Québec City. Local hosts tend to rent only occasionally, earning modest but meaningful supplemental income. The scale, frequency, and earning volumes are too small to be meaningfully driving up home prices. Airbnb wants to continue to work with Québec City to ensure any regulations balance affordability concerns with the right of everyday people to share their homes.