July 21, 2017

Airbnb fans, detractors meet to discuss potential regulation in Toronto

Stock Photo - Waving flag with Airbnb logo. Editorial 3D rendering
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The second public meeting on short-term rentals comes mount over housing availability and affordability. A public consultation on short-term rentals, including using popular sites like Airbnb, drew a capacity crowd to city hall on Wednesday to hear from the city’s licensing staff and provide input. Fans of Airbnb — and its detractors — packed a committee room at Toronto City Hall on Wednesday night to meet with city staff who are developing regulations on short-term rentals in Toronto.

The second public meeting comes as political leaders are voicing concerns daily about housing availability and affordability. Some blame the emergence of Airbnb and other online platforms for removing units from the permanent rental market.

Carleton Grant, director of policy and strategic support in the city’s licensing division, told the crowd Wednesday evening that the issue is “very diverse, challenging (and) complex.”

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In January 2016, council asked staff to research and develop potential regulations for short-term rentals, he explained. “The very key word there is potential regulations,” he said. “They’re not saying come back with rules but they’re saying come back with potentially what rules could look like, some options for consideration.”

Grant also shared data from Airbnb, the king of the […]

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