Get access to our best features
Get access to our best features
Published 2 months ago

Florence bans new short-term rentals in historic centre

  • Florence has banned new short-term residential lets on platforms like Airbnb in its historic centre, aiming to free up more homes for local residents. Existing landlords who switch to ordinary leases will be offered three years of tax breaks.
  • The housing crisis in Italy, caused by low salaries, property shortages, short-term holiday rentals, and high inflation, has hit low earners and students hard. Florence has seen a surge in Airbnb listings, with the number of apartments listed almost tripling since 2016, driving up rent prices by 42% in that time. Prices have continued to rise by 15.1% this year.
  • In response to Florence's new regulations, there is opposition from political parties such as Forza Italia, who plan to appeal against the ban, and organizations like Property Managers Italia, who believe the rules go against the liberal market. Airbnb has not yet commented on the matter.
Insights by Ground AI
Does this summary seem wrong?

15 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
38% Left

To view factuality data please Upgrade to Premium


To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)