For Tianning Ning and her family, Airbnb was supposed to be a way to live in Toronto after facing the brutal reality of the city’s rental market.
The family — originally from Switzerland — was looking for a place to live for 10 months to accommodate Ning’s husband’s sabbatical at York University.
The problem? They could not break into the market due to a lack of Canadian credit history.
Short term rentals are part of the problem in certain cities but with poor data it is impossible to know to what extent.
Mass immigration is the key contributor to Canada’s housing crisis.
