EP187: Amsterdam’s Biggest Airbnb Critic
over 8 years agoAmsterdam, NetherlandsScore: 75
Summary
This article discusses the challenges faced by Amsterdam due to the rise of Airbnb. It highlights the impact of short-term rentals on housing affordability and the city's tourism, advocating for regulations. Hosts should be aware of how regulations and the type of tourists affect the city.
Key Insights
- •Hosts can only rent out entire homes for 60 days in Amsterdam.
- •10,000 active hosts exist in Amsterdam, with 88% having a single listing and 12% having multiple listings.
- •Hosts with multiple listings comprise 38% of available listings in Amsterdam.
- •Amsterdam has regulations on short-term rentals, including a 60-day limit for entire home rentals.
- •Amsterdam has approximately 15,000 active Airbnb rentals, with an average daily rate of $178. 75% are entire homes, and 25% are private rooms.
Action Items
- ✓Hosts in Amsterdam should comply with the 60-day rental limit to avoid penalties and legal issues.Effort: lowImpact: high
Watch Out For
- ⚠Real estate investors were buying property solely for Airbnb rentals, contributing to housing affordability issues.
- ⚠Hosts not paying taxes.