Post by High Priestess on Jul 8, 2016 15:30:19 GMT
Fairbnb is concerned with the removal of housing units from the market in Toronto:
See the article:
www.cbc.ca/news/canada/toronto/airbnb-fairbnb-coalition-homesharing-toronto-regulations-1.3669677
Excerpt:
"We don't fault ordinary people who legally rent out a spare bedroom for a visitor or to help pay bills," Lis Pimentel told reporters in Toronto. "However, we do believe Canadian cities must modernize their laws and enforcement so that there are fair, consistent and respectful market rules for short-term rentals."
Pimentel said people/companies are renting out hundreds of homes through Airbnb, something that's creating ghost hotels alongside a regulated industry. It's also taking rental properties off the market, which are being offered on Airbnb instead, and "adding to the city's affordable housing crisis," she said.
See the article:
www.cbc.ca/news/canada/toronto/airbnb-fairbnb-coalition-homesharing-toronto-regulations-1.3669677
Excerpt:
"We don't fault ordinary people who legally rent out a spare bedroom for a visitor or to help pay bills," Lis Pimentel told reporters in Toronto. "However, we do believe Canadian cities must modernize their laws and enforcement so that there are fair, consistent and respectful market rules for short-term rentals."
Pimentel said people/companies are renting out hundreds of homes through Airbnb, something that's creating ghost hotels alongside a regulated industry. It's also taking rental properties off the market, which are being offered on Airbnb instead, and "adding to the city's affordable housing crisis," she said.