Like many Airbnb renters, his income has increased, but Carlisle said money was not the deciding factor when he made the switch. Airbnb allows Carlyle to use the apartment when he needs it while still renting in the interim. - Drake Carlyle, Airbnb host"It's nice to have a kitchen. "In an area like ours ... every house that used to be a rental apartment -- every time it's sold, without exception -- has turned into a single-family home," he explained. Toronto realtors and condo owners say Airbnb is eroding the city's rental market, while hosts say it is saving it.

Source: CBC News September 27, 2016 09:00 UTC