EU Moves to Curb Airbnb-Style Rentals to Boost Long-Term Housing
<p>The EU has introduced a framework to support long-term rentals in tourist-heavy cities. Airbnb warns it creates regulatory uncertainty without improving long-term housing outcomes. The EU has announced an affordable housing plan aimed at encouraging long-term rentals and making housing more accessible for Europeans. Unveiled on Wednesday, the plan aims to create clarity and predictability in how rules are applied by local authorities, particularly in neighbourhoods popular with tourists where short-term rentals have displaced residents. “Lack of affordable housing is a matter of concern for so many of our European citizens,” European Commission President Ursula von der Leyen said in a press statement. “Essential workers and students cannot afford to live where they serve and study. But most importantly, it is about fairness. Today, we are delivering for all Europeans.” “The new rules are designed to help competent authorities identify ‘areas under housing stress’ using a common methodology,” a Commission press release explains. Housing in Europe is getting worse The latest data on access to accommodation across Europe are worrying, and have pushed the Commission to intervene. Recent Eurobarometer data shows that 50 per cent of European city dwellers think that housing is an urgent problem they experience. House prices...</p> <p>The post <a href="https://praguemorning.cz/eu-affordable-housing-plan-long-term-rentals/">EU Moves to Curb Airbnb-Style Rentals to Boost Long-Term Housing</a> appeared first on <a href="https://praguemorning.cz">Prague Morning</a>.</p>