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We've always stayed at Airbnb properties in Europe and always had a very good experience.
But I can understand the concerns about their impact on rents and availability for the locals.
I think more cities will probably follow Spain's lead on this. Holiday rentals have become big business with some owners renting multiple properties. They're going to now struggle with the financing as their revenue will substantially drop.
But I can understand the concerns about their impact on rents and availability for the locals.
I think more cities will probably follow Spain's lead on this. Holiday rentals have become big business with some owners renting multiple properties. They're going to now struggle with the financing as their revenue will substantially drop.
Spain's consumer rights ministry said on Monday it had ordered Airbnb to withdraw more than 65,000 listings for holiday rentals from its platform, saying they violated existing rules.
The Spanish government as well as city councils and regional authorities have launched a general crackdown on tourism rentals via sites such as Airbnb and Booking.com, which many Spaniards say are creating excess tourism, cramping housing stock and making renting unaffordable for locals.