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EU proposes rules to regulate short-term holiday rentals
The European Union has proposed new rules aimed at regulating short-term holiday rental platforms like Airbnb. The proposed legislation seeks to increase transparency and provide cities with better tools to manage the impact of these rentals on local housing markets. The goal is to help cities curb the proliferation of holiday lets and boost the availability of long-term housing for residents. The new framework will require platforms to share data with local authorities, enabling them to enforce existing rules and potentially implement new regulations.
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- Centre (3): Euronews, Sky News, South China Morning Post