jeffw@lemmy.world to World News@lemmy.worldEnglish · 5 months agoBarcelona to ban apartment rentals to tourists in bid to cut housing costswww.theguardian.comexternal-linkmessage-square5fedilinkarrow-up1153arrow-down13cross-posted to: worldnewsnonus
arrow-up1150arrow-down1external-linkBarcelona to ban apartment rentals to tourists in bid to cut housing costswww.theguardian.comjeffw@lemmy.world to World News@lemmy.worldEnglish · 5 months agomessage-square5fedilinkcross-posted to: worldnewsnonus
minus-squareTheFriar@lemm.eelinkfedilinkEnglisharrow-up5·5 months agoNYC did this. I haven’t heard any follow up on housing prices falling though. I’m still hoping it’ll help longer term, but I feel like the market won’t allow for prices to immediately self correct. Who knows though, but it’s been almost a year.
minus-squareVenator@lemmy.nzlinkfedilinkEnglisharrow-up1·edit-25 months agoLooks like there’s still “over 1000” available, so maybe it’s not enforced or there’s some sort of loophole.
minus-squareVenator@lemmy.nzlinkfedilinkEnglisharrow-up1·5 months agoRelevant guardian article about it: https://amp.theguardian.com/us-news/2024/apr/25/new-york-airbnb-short-term-rentals-sublets
NYC did this. I haven’t heard any follow up on housing prices falling though. I’m still hoping it’ll help longer term, but I feel like the market won’t allow for prices to immediately self correct. Who knows though, but it’s been almost a year.
Looks like there’s still “over 1000” available, so maybe it’s not enforced or there’s some sort of loophole.
Relevant guardian article about it: https://amp.theguardian.com/us-news/2024/apr/25/new-york-airbnb-short-term-rentals-sublets