Why does Toronto hate AirBNB?

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Today, city council voted in favor of placing restrictions on AirBNB short-term rentals, partly to make AirBNB legal, and partly to ease restrictions on an overcrowded and near capacity rental system in the city. Similar to how Toronto treated Uber, they’re giving AirBNB the same treatment.

But why? Why does Toronto hate AirBNB? Why do they hate Uber? Do we have some agenda against the sharing economy?

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