Why can't they play by the rules?
Short-term Rentals; Long-term Problems.
Recent years have seen an abundance of accommodation-sharing platforms and short-term rentals serving Canada and the world – the most popular of these being Airbnb. In Canada, the average number of active Airbnb units has almost doubled in the past 2 years.
What started as true home sharing – where the owner is present during the guest’s stay – has expanded into a growing trend: people using these platforms to become commercial operators. This means that multiple units or whole homes are being rented out on a consistent basis. Effectively, these operators are running illegal hotels within residential housing, which hurts housing supply and drives costs up.
This unregulated commercial activity has given rise to unintended consequences: