April 12, 2017

While a growing number of Torontonians may not be able to afford extras like dinners out, theatre, or sporting events, at least the tourists still can. The same tourists who are throwing dollars into the city’s economy are putting a lot of pressure on Toronto’s short-term rental market, thanks to the soaring popularity of home-sharing sites like Airbnb. In its disruption of the traditional travel industry, Airbnb has contributed to the dwindling of available rental units in the city core…

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