Jason Rivait was quoted in the article “Focus: Airbnb changing condo landscape,” which appeared in Law Times. Airbnb is an online service that connects hosts with spare bedrooms or entire homes, condominium units, apartments, houseboats or castles (yes, you can rent a castle!) with people who are looking for a place to stay while travelling. Various players, including the hotel industry, condominium corporations, governments and landlords, are feeling the impact of Airbnb and are pushing for new regulations to address some of its unpleasant effects. According to Jason, “You have a booming condo market, which is levelling off a little bit now, and you have this ongoing role of foreign investment … You’re inevitably going to see an increase in these short-term stays or owners wanting to rent out their units for short term stays.” To read this article, click here.
