Airbnb set to face more restrictions as EU proposes rules to tackle housing crunch
The plan would let cities curb holiday lets in areas under housing stress, while protecting primary residences and targeting professional operators.
- On Wednesday, the European Commission proposed the Affordable Housing Act, allowing local authorities to restrict short-term rentals and second-home purchases in areas defined as "under housing stress."
- Soaring costs prompted the proposal as property prices surged 60% and rents climbed 21.8% over the past decade, while Brussels estimates more than 2 million new homes are needed annually to address shortages.
- To qualify as "under housing stress," authorities must demonstrate that short-term rentals negatively impacted affordability for at least three years, using metrics like price-to-income ratios and growth trends.
- European Commission Vice-President Teresa Ribiera described the situation as a "terrible crisis," while lobbying group CCIA Europe criticized the proposal, calling it a "paper tiger" lacking independent scrutiny.
- The Affordable Housing Act now faces debate by European Parliament and member states in the coming months before it can become law, marking the first step toward potential implementation across the bloc.
241 Articles
241 Articles
EU Housing Commissioner Dan Jørgensen announces new EU regulations that could allow authorities to take much tougher action against Airbnb.
The European Commission has published its proposals for a new regulatory framework to restrict short-term accommodation, including Airbnb, in a bid to address the housing crisis in tourist destinations.
Brussels wants to offer the City Councils legal bases to regulate this type of rental in tourist areas
Despite the ever-increasing mobilization of cities, the success of renting tourist furnished homes leads to the provision of housing for the inhabitants.
The European Commission presented its proposal to support affordable housing, and many in the European Parliament were dissatisfied with the text.
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