shadysus@lemmy.ca to Canada@lemmy.caEnglish · 2 years agoCorporations hoarding homes thank Canadians for enthusiastically blaming immigrationwww.thebeaverton.comexternal-linkmessage-square61fedilinkarrow-up1572
arrow-up1572external-linkCorporations hoarding homes thank Canadians for enthusiastically blaming immigrationwww.thebeaverton.comshadysus@lemmy.ca to Canada@lemmy.caEnglish · 2 years agomessage-square61fedilink
minus-squareTigbitties@kbin.sociallinkfedilinkarrow-up36·2 years ago50% 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?
minus-squareCobrachickenwing@lemmy.calinkfedilinkarrow-up10·2 years agoNumbered 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.
minus-squareTigbitties@kbin.sociallinkfedilinkarrow-up7·2 years agohttp://insideairbnb.com/toronto It’s interactive. I clicked on the “full homes” and only multi listings and the number was 8600/16000.
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?
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.
Source? 50% seems really low
http://insideairbnb.com/toronto
It’s interactive. I clicked on the “full homes” and only multi listings and the number was 8600/16000.
Cool