The European Commission will present a proposal on Wednesday to establish common rules for regulating short-term rentals, such as Airbnb, across the European Union. This initiative aims to provide Member States and local authorities within the EU with the tools needed to manage short-duration accommodation in areas facing housing pressure. The proposed regulations seek to balance the benefits of platforms like Airbnb with the need to protect local housing markets and ensure affordability for residents. The move comes as many European cities grapple with dwindling housing availability and rising rental costs, often attributed in part to the proliferation of short-term rentals. By creating a unified framework, Brussels hopes to facilitate a more coordinated and effective approach to this growing challenge. The proposal is expected to outline measures allowing for better monitoring and control of short-term rental properties.