• AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    The rules, approved by the Tuscan city late on Monday, also offer three years of tax breaks to landlords of existing short-term lets if they switch to ordinary leases.

    Florence’s mayor, Dario Nardella, said the city had decided to act locally because government plans to regulate the sector had been disappointing.

    “In 2016, we had just under 6,000 apartments listed on Airbnb; today we have almost 14,378,” he said, noting that during that time the average cost of ordinary monthly residential rents had leapt 42%.

    Marco Stella, the regional coordinator of the Forza Italia party, part of the rightwing ruling coalition, said it would appeal to the administrative court against Florence’s move.

    Lorenzo Fagnoni, the president of Property Managers Italia, an association of tourist rental entrepreneurs, said the rules were “a completely wrong choice that go against the liberalism of the market”.

    The central government is working on a bill that, according to media reports, would require a minimum stay of two nights in properties in historic city centres and municipalities with a high density of tourists.


    The original article contains 349 words, the summary contains 177 words. Saved 49%. I’m a bot and I’m open source!

    • zoe @infosec.pubOP
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      1 year ago

      Airbnb count need to be capped at a certain rate of the overall rentable real estate (say 15%). Big hotel should also lobby in favour of this.