Insight
The EU aims to establish a legal framework that will help authorities identify areas with stressed housing markets and manage STRs accordingly.
Europe Prepares New Law to Support Cities’ Airbnb Crackdowns
Summary
The EU is preparing new legislation to empower cities in their crackdowns on short-term rentals like Airbnb. This will likely form part of an Affordable Housing Act, offering a legal framework to manage STRs and identify stressed housing markets.
Key takeaway