The overhaul of building regulations aims to boost construction and reduce costs, potentially saving €100,000 per apartment unit. Current limitations restrict the number of one-bedroom and studio apartments, influencing development size.
"Existing California law requires any building with a dwelling unit to maintain âcertain characteristics in order to be tenantable,â which includes maintenance of adequate heating and hot water systems."
Airbnb criticized Montreal's new summer-only rental rules, claiming that these regulations punish responsible hosts who depend on rental income during a cost-of-living crisis.