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[…]