operationsSkift··1 min·For: Owner, GM, Revenue, Investor
EU Drafts Law to Aid City Crackdowns on Short-Term Rentals
The European Union is preparing legislation under a forthcoming Affordable Housing Act to help local authorities restrict short-term rentals like Airbnb. The framework aims to grant cities clear legal power to manage rentals in markets facing severe housing pressure.
Key Takeaways
- 1New EU legislation will provide a legal framework for cities to curb short-term rentals
- 2The initiative is part of the European Commission's broader Affordable Housing Act
- 3The Commission is scheduled to review the mandate and restriction criteria in September
Source: Skift
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