Airbnb driving up rent in Toronto, group says
Airbnb has launched an ad campaign targeting homeowners struggling to pay their mortgages, but a local coalition is calling on the city to impose stricter rules on the burgeoning short-term rental market. While the hot housing market in Toronto has led to a short supply of rental units and soaring rents, a recent report by Fairbnb claims short-term condo rentals are also a big part of the problem. “I think it definitely has (contributed to the rental crisis),” said Fairbnb’s Thorben Wieditz. Read the article…………
Dear Tony: Our strata council routinely uses email to make decisions and share information with each other and with owners.
Airbnb is a popular service that allows people to rent rooms, apartments and entire homes on a short-term basis. But