Map reveals the full list of cities cracking down on short-term holiday lets
Long-term rental crisis forces down on holiday lets
A map has revealed the full list of cities cracking down on short-term holiday lets. The move is being made in a bid to tackle the long-term rental crisis. The map, which was created by the website Inside Airbnb, shows that more than 100 cities around the world have introduced restrictions on short-term holiday lets, including London, Paris, and New York.
The crackdown on short-term holiday lets is being driven by a number of factors, including the rising cost of housing, the shortage of affordable housing, and the impact of tourism on local communities.
Why cities are cracking down on short-term holiday lets
Here are some of the key reasons why cities are cracking down on short-term holiday lets:
- To increase the supply of affordable housing
- To reduce the impact of tourism on local communities
- To protect the rights of long-term tenants
Which cities are cracking down on short-term holiday lets?
The map from Inside Airbnb shows that more than 100 cities around the world have introduced restrictions on short-term holiday lets. Some of the major cities that have cracked down on holiday lets include:
- London
- Paris
- New York
- Barcelona
- Amsterdam
- Berlin
- Dublin
- Edinburgh
What are the restrictions on short-term holiday lets?
The restrictions on short-term holiday lets vary from city to city. However, some of the most common restrictions include:
- Limits on the number of days that a property can be rented out per year
- Registration requirements for short-term holiday lets
- Taxes on short-term holiday lets
- Bans on short-term holiday lets in certain areas
What impact are the restrictions having?
The restrictions on short-term holiday lets are having a significant impact on the market. In some cities, the number of short-term holiday lets has decreased significantly. For example, in London, the number of short-term holiday lets has fallen by more than 50% since the introduction of new regulations in 2016.
The restrictions are also having a positive impact on the long-term rental market. In some cities, the number of affordable rental properties has increased since the introduction of restrictions on short-term holiday lets.
What does the future hold for short-term holiday lets?
It is clear that the crackdown on short-term holiday lets is here to stay. Cities around the world are becoming increasingly concerned about the impact of holiday lets on the long-term rental market and local communities.
As a result, it is likely that we will see more cities introducing restrictions on short-term holiday lets in the future. This could have a significant impact on the market, and it is important for property owners to be aware of the potential implications.
