Originally thought of as “Home-Sharing”, AirBnb, VRBO and others have turned Short Term Rental Accommodation (STRA) into big business where investors buy properties specifically with the intent to rent them out for short terms – less than a month and as short as a day or so.  Neighbours are usually not happy with this; they say that renters often cause problems with community safety, parking, noise and litter, as well as degrading property values and destroying the sense of community.  There have been delegations to Council asking for action – in October 2021 and at Monday’s Committee of the Whole (C.O.W.) meeting. At Monday’s C.O.W. Grant Hayes, president of Guardian/Genedco Property Management, representing a large proportion of Cobourg’s Condo Owners,… Read complete articleShort Term Rental Accommodation in Cobourg