It's very unfair and results in unfair legislation.  

In New Brunswick, legislation and regulation is more balanced.However, upon further reflection, I'm tempted to rescind my prior remark and restate that Nova Scotia is more tenant friendly than Ontario.Some quick comparisons:Deposits:Ontario permits the collection of a Rent Deposit (which is often colloquially identified as "last month's rent"), but not a damage deposit {the deposit can only be used to cover unpaid rent}.  

Or perhaps they did and passed the legislation anyway since it was a compaign promise.

Researching the local legislation regarding STRs - both existing and potential - is probably THE biggest thing I advise people considering STRs to do.  

Legislators will allow homeowners to be given the raw data and allowed to estimate value on their own--it is that much of an inexact science.

Many simply cannot weather the legislative storm you're proposing.

I recently sold two properties in West Oakland because of upcoming legislation (look up TOPA if you want to be kept up awake at night). 

Classic case of legislating from the bench......grrrrrrrrrrrrrr

@Luc Boiron my issue is with the wholesaler really not the buyer but I probably wouldn’t be for legislation and regulation to fix it.  

This is exactly why I buy only 4 Unit buildings or under in Brooklyn, NYC.If this legislation passes, it will cause a HUGE demand for multi-family buildings that are NOT subject to rent regulations.... which is EXACTLY my own buildings.SO BRING IT ON!