EU proposes rules that could add restrictions for Airbnb rentals
European Commission proposed rules to help authorities tackle a housing crunch in tourism hotspots, aiming to harmonise short-term home rental restrictions across Europe. Airbnb is set to face more restrictions under the proposal.
Airbnb NASDAQ:ABNB and other short-term home rental companies are set to face more restrictions after the European Commission proposed rules aimed at helping authorities tackle a housing crunch in tourism hotspots. The EU executive said the move is intended to harmonise rules across Europe after authorities said they were struggling to manage the issue.