STAMA Greece: Stricter Restrictions on Short-Term Rentals Do Not Mean an Increase in Available Housing
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5 Articles
STAMA Greece issued a notice on the stricter restrictions on short-term real estate leases, on the occasion of the European Commission's proposal for the Affordable Housing Act. According to the official representative body of short-term rental management companies in Greece, “the strictest restrictions on short-term leases have not lead neither to a substantial increase in available housing nor to [...]
"Stricter restrictions on short-term rentals have led neither to a substantial increase in available housing nor to a reduction in rents in European cities where they have been introduced."
Stricter restrictions on short-term rentals have neither led to a substantial increase in available housing nor to a reduction in rents in European cities where they have been in place for years, STAMA Greece points out, in response to the European Commission’s proposal for the Affordable Housing Act. The Association of Short-Term Rental Companies in Greece agrees with the need to address the problem of expensive housing. It warns, however, that…
STAMA Greece emphasizes that strict restrictions on short-term rentals do not increase housing availability or reduce rents and calls for evidence-based, targeted policies without unjustified bans.
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