Toronto Rental Cost (& AirBnB) Issues

[artyboy123]

"Landlords and tenants trying to resolve disputes in Ontario say the province’s landlord and tenant board is failing them, plagued by excruciatingly long delays. The National’s Adrienne Arsenault explains the problems with the system and why some say it’s making Canada’s housing crisis worse."

 

[christiesplits]

Toronto college pairs international students with seniors to help ease the housing crunch​

Humber College says over 500 students already signed up on the housing platform

https://www.cbc.ca/news/canada/toronto/humber-students-seniors-1.6963373

 

[DSC]

Interesting stats here on places like 300 Front West and the infamous ICE. https://www.thestar.com/real-estate...cle_e23188c3-2999-5d77-b9b3-4dd2e374d0fc.html

 

[artyboy123]

Short-Term Rental Implementation Update

Provide feedback on the bylaw and your experience with the implementation through an online survey or at a virtual meeting on October 26. The City is evaluating the implementation of the short-term rental bylaw to examine its progress and identify areas for improvement. Get involved at public...

www.toronto.ca

I went to this last night and have to say most of the people showed up were "Airbnb operators/Airbnb property managers"

I have attached the slides down below

 

[artyboy123]

 

[artyboy123]

 

[artyboy123]

 

[christiesplits]

Trudeau government to crack down on people who profit from short-term rentals like Airbnb: source​

A narrowly focused fall fiscal update coming Tuesday from federal Finance Minister Chrystia Freeland includes a measure designed to make it less lucrative for people to use their properties as short-term rentals, the Star has learned.

Property owners in areas that already restrict short-term rentals will no long be able to claim their rental expenses against the income they make, a senior federal official told the Star, in a bid to take away the incentive to flout local restrictions and list properties on platforms like Airbnb anyway.

Trudeau government to crack down on people who profit from short-term rentals like Airbnb: source

Tuesday’s federal fiscal update is expected to prevent property owners from claiming rental expenses in a bid to quash the incentive to flout local short-term rental restrictions.

www.thestar.com