Lisbon, Portugal is overturning strict short-term rental restrictions after they failed to make housing more affordable and actually increased prices. This is a cautionary tale for hosts as it demonstrates that limiting STRs can backfire. Hosts should stay informed about local regulations and advocate for balanced solutions.
In New York City, the de facto ban on short-term rentals since 2023 hasn't increased housing availability or affordability, with vacancy rates unchanged and rents continuing to rise, despite Airbnb short-term listings dropping by approximately 92 percent.