Short-term lets

Spanish islands propose law to limit short-term via platforms like Airbnb and Booking.com to help reduce overtourism

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Authorities worldwide are grappling with similar issues: Canada, Australia, Malaysia and Italy are among many countries where rules have been tightened around short-term rentals to protect local communities. Candelaria harbour in Tenerife, Canary Islands, Spain. Photo: Shutterstock Minister of Tourism for the Canary Islands Jessica de Leon said enforcement support for the seven islands’ 35 … Read more

How one US city’s cap on Airbnb and short-term rentals had knock-on effects on home prices and its property market

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Airbnb has changed the face of the rental market since it launched in 2008, making it much easier for homeowners to rent out spare rooms or entire houses. But in the years since, cities have started to notice the downside of so much housing stock turning into short-term rentals. A home for sale in the … Read more