The European Union is in the process of developing legislation aimed at empowering local authorities to manage and regulate short-term rentals, such as those offered by Airbnb, as part of efforts to address the continent’s housing crisis. This legislative proposal is a significant element of the upcoming Affordable Housing Act, designed to establish a framework to assist authorities in managing these rentals and pinpointing areas where the housing market is under strain.
Efforts to Tackle Housing Challenges
According to the European Commission, the intent is for the EU to play a more robust role in supporting national, regional, and local measures to address housing issues. A statement released by the European Commission in December emphasised the need for stronger EU involvement in this matter.
Upcoming Discussions and Legislative Details
The European Commission is scheduled to deliberate on the legislative mandate on September 9, as indicated by the preliminary agenda for that date. Meanwhile, the European news outlet Euractiv disseminated a draft of the legislation last Friday. This draft outlines potential restrictions that could be placed on short-term rentals in regions experiencing substantial housing pressure.
Reporting based on coverage first published by skift.com.