The long delays in resolving landlord-tenant disputes are worst in Ontario but other provinces are experiencing it as well. Experts say those delays will have an impact on the already-stressed rental market.
The long delays in resolving landlord-tenant disputes are worst in Ontario but other provinces are experiencing it as well. Experts say those delays will have an impact on the already-stressed rental market.
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or on AirBnB, I’ve seen a night is ~1/3 of the month rent, so if you can rent your apartment ~3 days a month, it pays the same as a full renter. If your apt is downtown and you can rent it 4-5+ days/month, it’s full profit. There’s something like 13’000 airbnb in Montréal, most are illegals, and we have thousands of people sleeping in tent outside. System is broken.
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Ban AirBNB? Sounds like a pretty simple plan to abolish illegal undocumented hotel rooms.
Which is why an empty homes tax should be 100% of the market value of the dwelling. Have a 1% bounty on it and you will see a big change in availability and pricing.