As a city dependent on tourism, Toronto city officials realize that Airbnb users bring over $4 million of revenue to city neighborhoods, but worry about the impact that shortterm rentals have on neighborhoods. Transient populations can bring noise, crime, parking problems, and other destabilizing influences. Proposed legislation develops a mechanism to monitor rentals on Airbnb and similar[…]

While Sydney is the 10th largest market for Airbnb, renting out short-term rental accommodations to tourists and visitors is not allowed in most residential areas. The money is so good, however, that many residents of Sydney and surrounding areas take the chance to ignore local laws. In New South Wales (NSW), local councils have different[…]

In London, renting property as a “short term sublet” has intensified the city’s housing crisis. The Institute for Public Policy Research (IPPR) showed that 11% of entire homes (2,444 properties) were offered as short-term rentals for more than six months of the year. Landlords prefer to offer their property to a series of short term tenants due[…]