Many experts say short-term rentals, including Airbnbs, are part of the problem, restricting local housing supply and driving up prices.
We took a look at three European hubs — Lisbon, Florence, and Amsterdam — that have imposed relatively strict regulations on short-term rentals.
Cities have been worried about the impact of short-term rentals on housing costs for years.
Instead of a blanket ban, Amsterdam caps the number of nights hosts can rent out their homes at 30 a year.
In an increasingly tight housing market, the dominance of short-term rentals acts as an "amplifier," he said.
Persons:
—, Airbnb, Lisbon's, João Pereira dos Santos, Pereira dos Santos, Gregory W, Fuller, Florence, Florence's, Dario Nardella, Antonello Romano, Romano
Organizations:
Service, Business, New York, School of Economics, Finance, Queen Mary University of London, University of Groningen, Wall Street, University of Pisa
Locations:
Barcelona, Barcelona's, Spanish, New York, Tokyo, Vancouver, London, Paris, — Lisbon, Florence, Amsterdam, Lisbon, New York City, EU, Portugal, Netherlands, Venice