The Toronto Star's Tess Kalinowski looks at Toronto's tentative engagement with regulating Airbnb-style rentals.
A Toronto group pushing for the regulation of short-term, Airbnb-style rentals is welcoming a city staff proposal to evaluate the impacts of the rentals and consider what kind of restrictions should be imposed on the booming business.
Fairbnb, which is led by the hotel workers union, says the report is an important step in ensuring there are rules governing short-term rentals. But it doesn’t go far enough in looking at how online rental platforms such as Airbnb can be held to account when that doesn’t happen.
“Platform accountability is really where it’s at if we want to develop regulations that work,” said Fairbnb spokesman Thorben Wieditz.
The city report, before executive committee Wednesday, recommends public and stakeholder consultations be held early next year to look at how to protect the interests of neighbourhoods and property owners and the city’s stock of housing.
It’s a good first step according to Ward 27 Councillor Kristyn Wong-Tam, who wishes it had come sooner as it will be at least another year before staff put specific regulation proposals before council.