-
SCANDIC FINANCE ने एलेक्स बोडी को समूह का उपाध्यक्ष नियुक्त किया
-
SCANDIC FINANCE แต่งตั้งอเล็กซ์ โบดี เป็นรองประธานกลุ่มบริษัท
-
SCANDIC FINANCE Grubu, Alex Bodi’yi başkan yardımcılığına atadı
-
Alex Bodi wiceprezesem grupy SCANDIC FINANCE
-
Алекс Боди е назначен за вицепрезидент на групата SCANDIC FINANCE
-
Alex Bodi a SCANDIC FINANCE vállalatcsoport új alelnöke
-
Ο Άλεξ Μπόντι νέος αντιπρόεδρος του ομίλου SCANDIC FINANCE
-
Alex Bodi byl jmenován viceprezidentem skupiny SCANDIC FINANCE
-
Alex Bodi utsedd till vicepresident för SCANDIC FINANCE-koncernen
-
تعيين أليكس بودي نائبًا لرئيس مجموعة SCANDIC FINANCE
-
SCANDIC FINANCEグループ、アレックス・ボディ氏を副社長に任命
-
SCANDIC FINANCE 그룹, 알렉스 보디 부사장 선임
-
亞歷克斯・博迪獲任命為 SCANDIC FINANCE 集團副總裁
-
Алекса Боді призначено віцепрезидентом групи SCANDIC FINANCE
-
Алекс Боди назначен вице-президентом группы SCANDIC FINANCE
-
Alex Bodi appointed Vice President of SCANDIC FINANCE GROUP
-
Alex Bodi, numit vicepreședinte al grupului SCANDIC FINANCE
-
Elon Musk jokes about moving businesses to space after US midterms
-
West Mercia Police opens 2027 cadet applications to Worcestershire teenagers
-
NHS to test blood screening designed to detect 13 cancers earlier
-
Worcestershire road closures announced for Remembrance Sunday events
-
Democrats near House takeover as voters judge Trump presidency
-
UBC professor describes police call after Galloway remark as act of care
-
Lethbridge submits interest in provincial ground ambulance contract
-
False voting claims spread rapidly during US Election Day
-
The Cat in the Hat expands its stakes to cosmic scale in animated reboot
-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
Polaris Renewable Energy Announces Q3 2026 Results
-
Loar Holdings Inc. Reports Q3 2026 Record Results and Upward Revision to 2026 Outlook and Full Year 2027 Outlook
-
Polaris Renewable Energy Declares Quarterly Dividend
-
New EuroFinance Study, Sponsored by TIS, Puts Treasury at the Center of Cybersecurity
-
Chervon Names Doug Palmer Vice President of Finance - Canada
-
MicroVision and LAKE FUSION Technologies Sign Multi-Year Strategic Partnership Agreement for IRIS(TM) Lidar Sensors
-
Nikkei Falls 1.42% as AI Sector Faces Pressure Post-US Elections
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Real Madrid Visits AEK Athens in Champions League Liga Phase
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Equitas Small Finance Bank rebounds after naming interim chief executive
EU helps cities tighten screws on Airbnb, holiday rentals
European cities will gain more leeway to curb short-term rentals such as Airbnb under plans aimed at bringing down housing costs in tourism hotspots put forward by the EU Wednesday.
The European Commission laid out conditions under which local authorities can limit short lets, as part of an "affordable housing" package seeking to address what commission vice-president Teresa Ribera called a "terrible crisis".
"When the market fails to deliver something as fundamental as an affordable home, public authorities have a responsibility to act," Ribera said as she presented the measures.
Though hugely popular with visitors, short-term lodgings are blamed by residents in many popular travel destinations for depriving locals of apartments for long-term rent and pushing up prices.
From New York to Tokyo and Barcelona, a growing number of cities worldwide have imposed or considered restrictions on tourist flats in recent years.
But curbs have often been followed by court challenges from rental providers and tourism operators, resulting in legal uncertainty.
The commission's Affordable Housing Act -- which still has to be negotiated with lawmakers and EU countries -- aims to provide cities with legal cover, clarifying when authorities can take action without falling foul of EU single market rules.
Cities and other relevant authorities will be allowed to limit holiday rentals as well as the purchase of property for short-term letting purposes in areas deemed "under housing stress".
The law lays out a series of parameters that need to be met for an area to be defined as under stress, such as the ratio between house prices and incomes there.
Before introducing restrictions, authorities must demonstrate that short-term rentals have had a significant adverse effect on housing affordability or availability for at least three years.
Population and housing supply and demand trends will also need to be taken into account and any measure will have to be non-discriminatory, proportionate and limited in duration to a maximum of five years, according to the proposal.
- 'Structural solutions' -
The legislation will not affect landlords who rent out their own primary residence for short periods of time -- nor rules cities brought in before it is adopted.
Housing affordability has become a growing issue across the 27-nation bloc in recent years, with 51 percent of European city dwellers telling a 2025 survey it was "an immediate and urgent problem".
Property prices have surged by 60 percent, while rents have climbed by 20 percent over the past decade, leaving millions struggling to find a home they can afford, according to Brussels.
The EU says this is mainly driven by insufficient housing supply, but short-term lets add extra pressure in certain areas.
"Short-term rental activity" grew 93 percent across four major letting platforms between 2018 and 2024, according to the EU.
While such lets account for only about 1.2 percent of the European Union's housing stock, according to EU data, the share can be much higher in popular districts of some tourist destinations.
In central Madrid for example there are around 40 short-term rentals for every 100 homes in the long-term rental market, Brussels said.
Yet rental providers dispute that holiday lets are to blame for rising house prices.
"For the great majority of cities, the claim that short-term rentals are driving housing stress does not survive contact with this evidence," tech lobby group CCIA wrote in a letter to the commission this month.
In some cities with restrictions, rents and hotel prices have gone up, the letter added, noting that Lisbon recently overturned some of the curbs it had previously imposed.
"Europe's housing crisis needs structural solutions, and the implementation of this act should focus on increasing the supply of homes," said an Airbnb spokesperson.
F.Santana--PC