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A comment on Toronto eyes plan to crack down on Airbnb-style rentals. Parent comment

Re:Toronto eyes plan to crack down on Airbnb-style rentals by kbos87 on Monday June 12, 2017 @07:09PM (#14541871)
Looking purely at cash flow, it isn't profitable to buy and rent out an apartment in a lot of American cities at least.
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Re:Toronto eyes plan to crack down on Airbnb-style rentals by Dave_TRS on Monday June 12, 2017 @07:26PM (#14541943)
Agree. I have investment properties in a few cities, and consider airbnb only as an option of last resort to fill vacancies. The daily rates seem high on the surface, but the turnover, vacancies, risks, management costs all eat away at the profits.
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