Tokyo ward to regulate Airbnb-type home-sharing
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Tokyo
A LOCAL authority in Tokyo started accepting applications on Friday from residents wanting to rent out their homes for short-term lodging through matchmakers such as Airbnb Inc, making it the first in Japan to regulate the practice.
Residents of the south-east Tokyo ward of Ota, home to Haneda Airport, Japan's busiest aviation hub, will be able to rent their personal space to tourists for a minimum of seven days provided they register with the local authority. Matchmakers can then collect revenue from connecting homeowners to guests.
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