Fairbnb is pushing for regulation of short-term rental operators. ( Fairbnb file photo )A Toronto group pushing for the regulation of short-term, Airbnb-style rentals is welcoming a city staff proposal to evaluate the impacts of the rentals and consider what kind of restrictions should be imposed on the booming business. Fairbnb, which is led by the hotel workers union, says the report is an important step in ensuring there are rules governing short-term rentals. Article Continued BelowToronto has received more than 45 complaints to Municipal Licensing and Standards since 2014 related to short-term rentals, and there are 25 active investigations, says the city report. As well as the property damage, neighbourhood disruptions and criminal activity that some short-term rentals attract, the business is undercutting Toronto’s stock of licensed hotels by putting 10,000 additional accommodations into the city, said Wong-Tam.
Source: thestar October 19, 2016 19:30 UTC