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Change May Come to the Airbnb Market: the New Government May Decide the Future of Budapest
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The legal and political battle over Airbnb regulations in Budapest's inner districts continues. The mayor of Terézváros reported that 28 million forints in fines have already been imposed this year due to the ban. According to accommodation providers, the district is losing billions in revenue, and the bans have not brought the expected reduction in rental prices. The sector now expects uniform, predictable regulations from the new Tisza governm…
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