New York Implements Restrictions on Short-Term Rentals, Airbnb Calls it a “De Facto” Ban

New York Implements Restrictions on Short-Term Rentals, Airbnb Calls it a “De Facto” Ban

The city of New York will begin this Tuesday to apply a series of restrictions on short-term rentals that the Airbnb tourist accommodation platform considers a “de facto” ban on its activity. The new regulations require all hosts to register with local authorities, since New York prohibits the rental of entire apartments for less than … Read more

NY Implements Restrictions on Airbnb Short-Term Rentals, Considered a ‘De Facto’ Ban

NY Implements Restrictions on Airbnb Short-Term Rentals, Considered a ‘De Facto’ Ban

In the city ​​of NYAs of today, a series of restrictions will begin to be applied to short-term rentals, which is considered by the tourist accommodation platform Airbnb as a “de facto” ban on their activity. With the new regulations, all hosts are obliged to register with local authoritiesand also the rental of entire apartments … Read more

New York Takes Action Against Illegal Airbnb Listings

New York Takes Action Against Illegal Airbnb Listings

Airbnb In New York, with a population of around eight million, there are thousands of offers on the platform that are illegal according to the guidelines. (Photo: Reuters) New York In view of astronomical rents and an acute shortage of housing in New York, the US east coast metropolis wants to enforce restrictions on short-term … Read more

Uncertainty Looms for Airbnb Hosts in New York City as Stricter Regulations Threaten Business

Uncertainty Looms for Airbnb Hosts in New York City as Stricter Regulations Threaten Business

Mark Butler recently received an email that boded ill. “We’re concerned,” it read, followed by a crying face emoji. The news came from a woman who wanted to stay in his home in Brooklyn, New York, shortly after Christmas through Airbnb. The company had written to her that it would have to cancel all reservations … Read more

Experience the Luxury of Barbie’s Newly Renovated Dream Home in Malibu

Experience the Luxury of Barbie’s Newly Renovated Dream Home in Malibu

Ready for vacation? Then we have something for you… THIS newly renovated Barbie dream home is opening in Malibu, California. Pure luxury. Playful. Bright pink, of course. It is indeed a real luxury villa. And – there is even a bed free. While Barbie is on vacation, she left longtime lover Ken the keys to … Read more

The Rising Bans and Restrictions on Airbnb Across the Globe

The Rising Bans and Restrictions on Airbnb Across the Globe

Italy is considering new national regulations. The city of Penang in Malaysia recently banned all short-term rentals. More and more governments are cracking down on Airbnb. This very popular platform which allows people to rent their houses or their spare rooms to tourists, has been accused of inflating property prices, emptying cities of their inhabitants, … Read more

US Market Roundup: Dow Jones Down in Third Consecutive Session, Nasdaq Composite Achieves Highest Close in 8 Months

US Market Roundup: Dow Jones Down in Third Consecutive Session, Nasdaq Composite Achieves Highest Close in 8 Months

The Dow Jones is down for the third consecutive sessionThe Nasdaq Composite achieved its highest close in more than 8 months The major US indices closed mixed on Wednesday’s session after inflation data for April came in better than expected. The Consumer Price Index rose 4.9% in April, compared to expectations of 5%, renewing hopes … Read more

Controversial landlord Marc Godart’s plan to convert Dublin 8 apartments to aparthotel rejected

Controversial landlord Marc Godart’s plan to convert Dublin 8 apartments to aparthotel rejected

Luxembourg landlord Marc Godart, who evicted tenants last August and advertised their rooms on Airbnb, attempted to turn the apartments into a 16-bedroom aparthotel but had the planning application rejected by An Bord Pleanála. The decision letter states the proposed development would be “contrary to the proper planning and sustainable development” of Dublin. It also … Read more

“Loophole Allows Dublin Apartment Convicted of Illegal Short-Term Letting to Remain in the Holiday Rental Market”

“Loophole Allows Dublin Apartment Convicted of Illegal Short-Term Letting to Remain in the Holiday Rental Market”

Dublin City Council’s only conviction for illegal short-term letting may have no effect on the Dublin apartment’s availability for holiday rentals, as a result of a loophole in legislation. Complete Guest Management Ltd was fined €1,000 and ordered to pay €3,459 in costs in relation to short-term letting of the apartment. Although the apartment has … Read more