Short-term rentals have changed the geography of many tourist cities.

For those who have an apartment, it is much more convenient to rent it for a few days at a time, since compared to traditional four-year rentals, the revenue can be up to 5-10 times depending on the demand and above all the availability of use is maintained in case it is needed. On the other hand, for tourists it is often a much more convenient solution than comparable situations in hotels. Many of the cities that have seen the boom in this type of rental have increased tourism, but at the same time they have begun to no longer have apartments in the center to rent for their citizens. This crisis has been exacerbated by rising interest rates that have made it more difficult to buy homes. Some cities that do not base their economy primarily on tourism have therefore reacted harshly. New York, for example, last September limited the possibility of renting only to those who live in the house whose rooms they rent, allowing a maximum of two guests at the same time. Dallas has established only a few areas where short-term rentals are possible. In San Francisco, the possibility of renting a certain apartment has been limited to a maximum of 90 days a year. Amsterdam has put the limit at 30 days. Paris 120 days. However, the issue is not a one-sided one-way street. One of the first cities to restrict Airbnb was Berlin, which today decided to lift the restriction after protests from Berliners. New Yorkers today see the $85 million in revenue they had made in 2022 fade away. In fact, estimates estimate an 80% decrease in listings on Airbnb as a result of the new rule.

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