Tag: STR
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Mandatory Registration for Toronto Short-Term Rental Units
Short-term rental operators in Toronto who rent out properties for periods of less than 28 days will have to formally register with the City of Toronto starting September 10, 2020, to keep operating in the city. The new online registration system is part of a broader effort to better regulate short-term rentals across the city,…
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City of Toronto – Short Term Rentals (Press Release)
City of Toronto registration of short-term rentals to launch September 10 News Release August 25, 2020 This September, the City of Toronto will launch a new online registration system for short-term rental operators who are renting their homes on a short-term basis for a period of less than 28 consecutive days. Beginning September 10, 2020,…
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Fairbnb…not really.
With all of the saber rattling in the media surrounding the recent “wins” for affordability, Fairbnb has played a central role. Where the media is interestingly quite is surrounding who is actually behind Fairbnb‘s advocacy. Fairbnb’s founder actually runs a campaigning company. Worse even, it seems as though he may be being paid by the…
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Unintended Consequences
I’m in my car a lot between appointments. This week my mind keeps drifting back to the new “AirBnB rules” in Toronto and Ottawa + the one-sided media coverage of the causes and ramifications. I’d like to state for the record I currently have no STR holdings and don’t see that as part of my…
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STR and other Fails
STR’s or Short term rentals, have just lost a footing in major Canadian cities like Toronto and Ottawa. My understanding is that the ultimate goal of regulating STR is to make rental housing more affordable which is great. However, I have a nagging suspicion that the vacancy rates will not change and rents will continue…