Italy's short-term rental crackdown just entered a new phase.
Forget the tax changes for a second.
Florence, Bologna and Rome are all preparing new local STR regulations expected in the coming weeks.
And the template they're following is alarming for operators.
Emilia-Romagna's new law doesn't just cap nights or raise taxes. It requires properties used for short-term rental to formally change their urban planning classification.
That affects marketability. That affects value. That's not red tape that's a structural barrier to entry.
Tuscany started it. Emilia-Romagna followed. Now Italy's major cities are next.
The Italian government has challenged both…
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