Thank you for the question, Ms. Zarrillo.
We don't have direct access to data from the apps, but I am aware of a number of studies that have explored the impact of short-term rental on the rental market more broadly. Some of the municipal restrictions on short-term rental have been quite effective. I think it speaks to a greater need in terms of, if we're looking at the accelerator fund, the quick wins that may be possible. It relates as well to a point that Abby made around approvals versus what gets built.
In British Columbia we have 10,000 affordable homes that have made it through the municipal approval processes, have been fast-tracked by municipalities and are actually waiting for funding from senior levels of government. That's 10,000 affordable homes in the non-profit sector right here in British Columbia. I'm sure a similar pattern exists right across the country. All of a sudden those 100,000 homes become quite achievable if we have the right programs structured in the right way, so it's looking for those quick-win opportunities.
The challenge with doing that with short-term rental is just being able to do it at scale. It's challenging for non-profits to access those units on a one-off basis. I would rather see incentives and funding in place to get approved housing built out in the next couple of years.