Airbnb is BIG business.

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:

  • Affordable housing is lost, as Airbnb and similar platforms convert long-term rental units into short term rentals. This has decreased the supply of affordable housing units, which has exacerbated an already acute housing shortage in many of Canada’s largest cities.
  • Lost tax revenues for governments and cities.
  • Impacts to local communities, as nuisance, disruption and crime are increasingly reported.
  • Guests are potentially at risk, as there may not be any health and safety standards or inspections in place, no insurance, or there may not be any personnel on site to handle issues.