July 10, 2023

Housing Shortages Being Accelerated by Our Own Cities

By admin

This story on CBC was an odd story indeed – a renter is being sued by the owner because she set the apartment up as an AirBnB property.

What peaked my curiosity about the story is that the City of Toronto is a prime facilitator in the AirBnB business, something I did not know.

Does this mean that cities like Toronto are actually helping to accelerate and exacerbate the housing shortage because they want to collect a few bucks on AirBnB rentals?

As we hear the endless monotonous drone about the need for millions more McMansions, maybe we need to take our cities to task and demand that they stop facilitating the conversion of our towns into short-term rentals.