I rarely stay in hotels anymore. Instead, over the last decade or so, I have become an enthusiastic Airbnb user. I’ve stayed happily in Airbnbs in Ontario cottage country, Montreal, D.C., and once on an island in the Caribbean so remote that the streets didn’t have names or numbers. But lately Airbnbs feel like a guilty pleasure. The short-term rental industry sucks up precious housing stock, reducing options for locals who need places to live, right in the middle of a massive housing crisis.
Some jurisdictions are trying to solve that problem with new regulations. Last September, New York City came down hard on Airbnb, vastly restricting the types of apartments landlords can rent out. I travel to New York every July for a long weekend and have stayed in a variety of charming Brooklyn Airbnbs. Not anymore. They’re mostly gone. That’s good news for apartment hunters in NYC, crummy for budget-conscious tourists like me.
New York set a precedent. Now other cities in North America are considering similar legislation and strengthening existing regulations. In the current issue of Maclean’s, Caitlin Walsh Miller surveys the current state of the short-term rental market, the new wave of regulations, and one particularly messy case in Montreal, where a fire in a building filled with unlicensed Airbnb units led to the deaths of seven people.
—Sarah Fulford, editor-in-chief