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submitted 2 years ago by shadysus@lemmy.ca to c/canada@lemmy.ca
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[-] Tigbitties@kbin.social 36 points 2 years ago

50% of Airbnb in Toronto are hosted by entities of 10+ full homes. The average occupancy rate is 37 nights/year. How are we letting this happen?

[-] Cobrachickenwing@lemmy.ca 11 points 2 years ago

Numbered corporations create annoymity for these Airbnb landlords to evade taxes and encourage mortgage fraud. force real name incorporation for real estate and cities can enact punishing tax rates for these illegal hotel operators.

[-] ILikeBoobies@lemmy.ca 3 points 2 years ago
[-] Tigbitties@kbin.social 7 points 2 years ago

http://insideairbnb.com/toronto

It's interactive. I clicked on the "full homes" and only multi listings and the number was 8600/16000.

this post was submitted on 22 Aug 2023
557 points (97.8% liked)

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