"To me we needed to regulate it," said Mayor Sally Martyn, noting most homes sold in town often get scooped up by out-of-town investors looking to turn them into short-term rentals. "Canada's prettiest town" only has about 30 short-term rentals, but as they grow in number, it's becoming clear to some that they can influence more than just property prices. So council is looking at regulating short-term rentals before they become a problem. The Municipality of South Bruce Peninsula, a collection of beach towns about an hour and a half northeast on the coast of Georgian Bay learned that lesson the hard way. © Colin Butler/CBC News A little girl plays on a beach in Sauble Beach, Ont., where municipal officials estimate up to 15 per cent of private dwellings are short-term rentals.

Source: CBC News April 10, 2022 10:51 UTC