A win for Airbnb in Toronto

Airbnb or Fairbnb?  Critics are crying foul with the recent news that Airbnb has joined forces with a Toronto condo building making it the first to allow airbnb rentals throughout the entire building.  Buildings that were designed to be condos do not have the same zoning by-laws,  design requirements, or tax burdens as hotels and many feel that this new partnership will lead to a further decline in affordable rental units available to city residents.  Whichever side you are on, the reality is that airbnb is not going anywhere.  People like it, just as they like UBER, because they work.  Now  it is time to iron out the kinks in the infrastructure to make it an entity everyone can live with.   Read more on this landmark move HERE

 

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