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The struggle of cities for the housing market: Airbnb and the law

The struggle of cities for the housing market: Airbnb and the law

The struggle of cities for the housing market: Airbnb and the law
  • Renting an apartment abroad: restrictions and risks
  • Advantages of language learning apps

Earnings from renting out an apartment abroad

One easy way to generate extra income is by renting out your apartment. Different countries impose restrictions on short-term rentals through special services, which may a risk for property owners. Long-term rentals may generate less income, but are more stable.

Restrictions on renting in different countries

Authorities in some cities have banned the rental business. For example, in Palma de Mallorca, renting in apartment buildings is completely prohibited, while in other areas it is restricted by licensing and is only available in certain townhouses. The same rule applies in some areas of Ibiza and the Canary Islands.

Restrictions on renting through Airbnb and rental rules in different countries

Airbnb rentals in Paris require registration with the tax office, and the maximum rental period is 120 days per year. maximum rental period is 120 days per year. Similar restrictions are imposed in other French cities. In Barcelona, renting out without a license is illegal, and new licenses for short-term rentals have a moratorium.

Rental rules in various cities in Europe and the USA

In Berlin, you can rent out your primary residence or a second property, provided you register with the district administration, and the maximum rental period is 90 days per year. The regulation of short-term rentals is also actively being discussed in Italy, the Czech Republic, and Switzerland.

Restrictions and taxes on rental properties in different countries around the world

In Portugal and Canada, restrictions on short-term rentals have already been implemented, while in Greece and the United Kingdom, rental taxes have been increased. In the U.S. Airbnb market, authorities are cracking down on the service, and in New York, the rental period for housing is limited to 30 days. Additionally, time limits have been set for property owners in Amsterdam, and Turkey has had a complete ban on short-term apartment rentals since 2017. It is strongly recommended to thoroughly study all the rules and restrictions in the real estate market before renting out an apartment.

The struggle of cities for the housing market: Airbnb and the law

Learning a new language: the benefits of apps

Diving into the study of a new language can be an exciting and enlightening process. However, many face the problem of a lack of practice in everyday life. In such cases, specialized applications designed for learning foreign languages come to the rescue.

Interactive tools for learning

Popular apps like Duolingo, Babbel, Rosetta Stone, and others offer a wide range of convenient tools for language learning. They help improve vocabulary, grammar, and pronunciation. Additionally, they provide interactive exercises and games, making the learning process engaging and memorable.

Communication with native speakers

One of the important advantages of such applications is the possibility to communicate with native speakers. This allows you to immerse yourself in the language environment and improve your communication and listening skills. Such practical experience plays an important role in learning a new language.

A universal tool for all levels

Language learning apps are suitable for both beginners and experienced learners. They offer a personalized approach to education, allowing everyone to progress according to their own needs and pace.

In conclusion, language learning apps are an excellent supplementary tool for anyone looking to master a new language, regardless of their level of preparation and experience.

Ten European cities have called on the EU for help in the fight against Airbnb.

Amsterdam, Barcelona, Berlin, Bordeaux, Brussels, Krakow, Munich, Paris, Valencia and Vienna - have demanded EU help in their fight against Airbnb and other short-term rental services, reports The Guardian.

The reason is the housing crisis.

The reason is that the development of these platforms exacerbates the housing crisis.

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Many property owners find it more profitable to work with tourists than to rent out their homes for the long term. As a result, there is an increasing shortage of rental properties for the local population, and prices are rising. On top of that, the appearance of the neighborhoods is changing.

New Airbnb status

Airbnb's new status. Airbnb has received these kinds of claims from city governments many times before. But now the service is backed by Maciej Szpunar, the European Court of Justice's chief counsel. After examining the issue, he has concluded that under EU law, the site should be considered a digital information provider, not a traditional real estateagency. real estate agency.

Commercial activities of the service

The commercial activity of the service. The company connects property owners with people who wish to rent accommodation for short-term stays. This cannot be considered classic real estate brokerage. Therefore, the company should not bear the same accounting, insurance, and financial obligations as real estate agencies, he stated.

Consequences of status for Airbnb

Consequences of the status for Airbnb. If this status is confirmed by the European court, Airbnb and similar short-term rental services will be exempt from liability for ensuring that property owners comply with the rules governing their rental activities. This concerns the authorities of popular tourist cities.

Benefits of the Airbnb platform

The benefits of the Airbnb platform. In 2018, the total economic impact of Airbnb in 30 countries around the world reached $100 billion, with the highest earnings coming from the USA, France, and Spain. Together, they accounted for $51.5 billion. Property owners are also profiting. They have managed to earn over $65 billion since the service was founded in 2008.

Restrictions and bans on short-term rentals

Restrictions and bans on short-term rentals. Many countries have already implemented restrictions and bans on short-term rentals. A brief overview of the restrictions and bans:

  • Palma de Mallorca - a complete ban on short-term rentals in apartment buildings;
  • Ibiza and Canary Islands (Tenerife and Gran Canaria) - ban in some areas;
  • Paris and many other cities in France have a ban on exceeding the rental period of more than 120 days a year.
  • Barcelona - a ban on short-term rentals without a license, a ban on issuing new permits;
  • Berlin – the maximum rental period is 90 days per year, only primary residences (one of the rooms) are allowed, as well as a second property or vacation home if registered with the district administration.

Investing in real estate abroad

Investing in real estate abroad. Many buyers from Russia and the former Soviet Union countries when choosing foreign real estate pursue an investment goal. One of the simplest and most affordable ways of earning money is renting out an apartment bought abroad.

Despite the high profitability of short-term rentals through online platforms, it is important to remember the restrictions and bans on short-term rentals in various countries and to study the rules and conditions that apply in the market.

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