EU to Crack Down on Short-Term Rentals in Bid to Slash Housing Prices
16 Articles
16 Articles
The European Union intends to give national, regional and local authorities new tools to curb short-term rentals, in order to tackle the housing crisis. The relevant initiative is included in the European Commission's Affordable Housing Act, which provides for the establishment of common European rules to identify areas facing severe housing pressure. In these areas, the competent authorities will be able to take targeted measures to enhance the…
The European Union wants to lower housing costs in Europe's most popular cities by giving local governments the tools to crack down on Airbnb and other short-term rental companies, Politico reported.
The European Commission is preparing a set of measures by which local authorities could limit such rents in areas where housing has become too expensive or difficult to find. Brussels considers that ... the EU Article is preparing new restrictions for Airbnb. Brussels wants to limit short-term rents in areas with expensive housing appears first in GorjOnline - day-to-day information!.
Brussels aims to take drastic action on short-term rents in an attempt to reduce housing prices to the most popular destinations in Europe. Targeted would be platforms such as Airbnb and Booking.
A new measure is being taken in Europe to address rising rents and housing shortages. The EU is preparing a common framework for short-term rentals, which account for up to 20% of the housing stock in some tourist areas. The new regulation will allow cities greater intervention, leaving it up to local authorities to decide which areas will have restrictions.
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