There’s no question that Airbnb and other short-term rental companies, such as Vacation Rental by Owner, are here to stay. Airbnb alone reports that 10,800 properties were rented in Toronto through its site last year. Short-term rentals of rooms in a home or an entire house while owners are away can help pay the mortgage in this expensive city. Some tenants have been evicted from their apartments only to see them advertised later on Airbnb. There have been complaints from residents living next to homes rented out on Airbnb that they have become rowdy party sites.

Source: thestar November 08, 2017 21:40 UTC