EU to regulate short-term rentals in plan to tackle affordable homes shortage - The Guardian
Summary
The EU is planning to regulate short-term rentals to address the shortage of affordable housing. This means potential new regulations for hosts in EU countries. Hosts should stay informed about upcoming changes to remain compliant.
Key Insights
- •The EU is planning to regulate short-term rentals.
- •The motivation behind the regulation is to tackle affordable housing shortages.
Action Items
- ✓Hosts should monitor updates from EU and national government sources regarding specific regulations as they develop.Effort: lowImpact: high
Common Mistakes
- ⚠Hosts who are unaware of or fail to comply with new regulations risk fines or other penalties.
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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