City of Toronto releases recommendations for legislating Airbnb, other “short-term rentals”

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  • Stephen_81

    I am very much behind these initiatives! Don’t block AirBNB from operating, but make sure that it is on a level playingfield and that it is home owners using the service not businesses trying to avoid taxation.

    I’m on the fence about vacancy taxes, I like the idea of it coming when a certain percentage of rooms are vacant, but a landlord also shouldn’t have to drop the price way down just because a few apartments aren’t rented, because he then risks the revenue of all the ones currently renting arguing for lower matched fees.

    • monkeymo

      Empty home tax (vancouver) the idea isnt to punish Rental management companies but to detour individuals from buying multiple properties and having them sit vacant.