Invezz.com –
French lawmakers took a significant step on November 7 by passing legislation to tighten the regulation of tourist accommodations like Airbnb.
This move, which has been in development since April 2023, aims to limit tax breaks for properties used for short-term rentals in an effort to counteract the nation’s affordable housing shortage.
“The boom in Airbnb-type rentals has contributed to encouraging speculation and further complicating access to conventional housing,” said Annaïg Le Meur, one of the key figures behind the bill.
The new law is part of a broader effort to reclaim housing stock and ensure that residential properties serve their original purpose—providing homes for long-term residents.
With cities facing the dual challenge of tourism management and housing accessibility, France’s legislative step represents a significant move towards curbing speculative behavior in the housing market.
However, France is not alone in clamping down on short-term…