The European Commission proposed measures on September 9th to grant European cities greater legal authority to restrict short-term rentals, such as those facilitated by Airbnb. The initiative, part of the Housing Affordability Act, aims to address growing housing crises exacerbated by the proliferation of short-term letting. The new rules seek to provide municipalities with a firmer legal basis for limiting these rentals, particularly in areas facing acute housing shortages. The Commission believes that unchecked short-term rentals can contribute to rising housing costs and reduced housing availability for long-term residents. This move responds to increasing concerns across European cities about the impact of platforms like Airbnb on local housing markets. The Act intends to balance the benefits of tourism with the need for affordable housing for citizens.

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