New Toronto law to monitor rentals

New Toronto Law To Monitor Rentals On Airbnb

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[…]