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Ana Bailão Jul 28
1/ Included in this week's Council meeting is my member's motion (23.25), seconded by Mayor , on converting short-term rentals to long-term affordable rental housing stock.
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Ana Bailão Jul 28
Replying to @anabailaoTO
2/ If passed, this will assess the feasibility of a plan for the City to lease vacant, short-term rental units currently offered through short-term rental platforms, in order to provide longer-term affordable rental housing options for lower-income families and individuals.
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Ana Bailão Jul 28
Replying to @joe_cressy
3/ COVID-19 has exacerbated the urgent need to increase the supply of safe, secure, and affordable housing for lower-income households in the City. Earlier in this pandemic, Councillor and I wrote of the importance homes play in public health
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Ana Bailão
4/4 By reducing the impact of vacancy and loss of revenue for landlords, lower rents and longer lease terms could be negotiated with landlords, which could increase affordability and promote greater security of tenure for tenants.
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Jacqueline Porter Jul 29
Replying to @anabailaoTO
Forgive me for questioning your motives, , but why is the City suddenly interested in leasing rentals to provide affordable housing? /1
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Jacqueline Porter Jul 29
Replying to @anabailaoTO
9/ There is no need for the City to step in - the market is perfectly capable of transforming these illegal AirBNBs into housing for Torontonians.
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Sam Easy Jul 28
Replying to @anabailaoTO
Isn't this just a bailout for landlords? You're proposing city funds fill in for lost profits as a result of COVID. Why should the city be concerned that short term rental landlords their profit margins when these folks have profited on Toronto's housing crisis?
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Sam Easy Jul 28
Replying to @anabailaoTO
Bailout tenants, not landlords.
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🍊 Toronto Awesome 🍊 Jul 28
Replying to @anabailaoTO
but how do we pay rent right now and avoid being evicted?
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fern martins Jul 28
Replying to @anabailaoTO
Housing costs are absolutely atrocious in Toronto. Governments can legislate the construction of affordable private housing all over the GTA by a stroke of a pen however they will not do it because housing has now become financialised.
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fern martins Jul 28
Replying to @anabailaoTO
The greater Ft Erie has also experienced a 50% increase in home prices along with steep rent increases over the last four years, crowding out the locals while wealthy Torontonians are moving in large numbers into Ridgeway/Crystal Beach/Ft Erie and other surrounding communities.
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Tarek M Jul 28
Replying to @anabailaoTO
Are you bailing Airbnb?
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Rishi W. Jul 28
Replying to @anabailaoTO
No, you'd be bailing out speculators and Airbnb. If you want lower rents and greater affordability, build more subsidized housing. Raise property taxes to pay for it. And enforce the Airbnb rules you've failed to implement or enforce for years.
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Shanstp Jul 28
Replying to @anabailaoTO
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Tarek M Jul 28
Replying to @Shanstp1 @anabailaoTO
Two weeks ago city sent the alarm they need federal help once they get our tax money they want it to give it to Airbnb speculators. Let the bubble pop and will have affordable housing and you save our money. People need to remember this next election
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