The European Union introduced a regulatory framework to support long-term rentals in cities with high tourist influx. This measure aims to limit short-term accommodations such as those available through platforms like Airbnb.
The new European regulation establishes limits for this type of accommodation, intending to reverse the trend of converting properties for tourism at the expense of the traditional rental market.
Airbnb reacted to the new legislation warning that these measures create regulatory uncertainty. The platform argues that the imposed restrictions will not improve the housing situation in the long term.
The context for this measure is related to the growing problem of access to housing in European cities facing high tourist pressure, where the demand for properties for long-term rental has been sidelined in favor of the short-term market.
