Get In Before The Door Shuts
Tomorrow, Brussels hands every city in Europe a legal instruction manual for capping short-term rentals.
The European Commission presents its Affordable Housing Act on Wednesday 9 September. Reuters and Euronews have both seen the draft.
What it does: gives national and local authorities explicit EU legal cover to restrict short-term rentals in areas under housing stress. Until now there has been no such framework.
How an area qualifies: Price-to-income ratio and its movement over time, plus indicators showing the pressure is unlikely to ease. Reported trigger is house prices at 8 times local…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.