Monday, December 18, 2023

Regulations in Florence push property owners to offer their apartments on Airbnb

See Airbnb Is Conquering Italy. One City Is Fighting Back by Eric Sylvers of The WSJ. Excerpts:

"Property owners in Italy often prefer to offer their apartments on Airbnb than to find a long-term tenant. It can be not only more profitable but also less risky. Italian law makes it difficult to evict long-term tenants who don’t pay the rent they owe. If the tenants have children living with them, it is almost impossible."

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