Airbnb, Paris rental agents to register from Oct 2
[PARIS] Paris authorities will make it mandatory for all landlords renting their homes through Airbnb and other online platforms to register before offering lodging, as the city seeks to increase control and crack down on those who unlawfully rent, Le Figaro reported.
The measure is meant to curb a housing shortage in the city, the newspaper said, citing the mayor's housing adviser. Owners will need a registration number to make their homes available to tourists, the newspaper said.
The mayor's office will open the registration website on Oct 2 and owners will have two months to comply, Le Figaro reported.
Paris imposed a tourist tax in May and increased rental controls that led judges to fine more unlawful landlords.
City rules limit homeowners to rentals of 120 days or less a year, and the city is cracking down on owners with multiple properties listing on rental platforms.
BLOOMBERG
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
HCA beats first-quarter profit estimates on higher patient admissions
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
EU toughens rules on Chinese fashion retailer Shein
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue