Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
In a sign that recent regulatory measures and negative rhetoric might be having an effect, the number of listings on Airbnb in Paris has fallen for the first time. Between September and December, the number of property listings on short-term rental platform Airbnb fell by 11.8%, according to the Paris city hall. What’s behind it? […]
A new law under consideration by the Paris Council in June would mean that anyone renting out their Paris property through sites like Airbnb will have to obtain a registration number. The measure is aimed at ensuring no one flouts the 120-day limit.
In central Paris, seasonal rentals – much more profitable than long-term rentals – have proliferated at the speed of light, despite their often illegal status. Airbnb is now succumbing to pressure from about 17 different cities, including Paris, and attempting to control rentals in accordance with local regulations. With 60,000 homes in Paris offered on AirBnb’s website, it’s […]