Greece Bans Thousands of Airbnb Properties Amid Housing Crisis
Greece is taking a significant step to curb the impact of short-term rentals on its housing market by banning thousands of Airbnb accommodations. This move, while lauded by some as a necessary intervention to protect local residents from escalating rental costs, is also sparking considerable debate about its effectiveness and long-term consequences.
The ban specifically targets properties that were originally unsuitable for residential use – warehouses, storage units, industrial spaces, and old basements – but have been renovated and listed on platforms like Airbnb. This focus appears to be aimed at addressing the issue of converted spaces being used for tourism rather than permanently housing local residents.… Continue reading
Matt Underwood