Paris joins clampdown on holiday apartment rentals, blamed for housing shortage

Paris joins clampdown on holiday apartment rentals, blamed for housing shortage

Paris has unveiled new regulations tightening restrictions on holiday apartment rentals, hoping to ease a housing shortage with measures including fines of up to €100,000 (US$105,000) for breaches. France’s parliament approved a bill this month allowing cities to clamp down on short-term furnished rentals to combat a lack of affordable housing. The French capital, one … Read more