France Moves to Tighten Regulations on Short-Term Rentals
The French Assembly is set to vote on a new bipartisan bill aimed at regulating short-term rentals, responding to concerns about their impact on housing markets. Key measures include reducing tax benefits for property owners and imposing stricter rental protocols. The bill proposes lowering tax deductions for registered tourist rentals while requiring registration for all such properties. Additionally, mayors will gain tools to manage these rentals through quotas and usage change authorizations. While city officials express approval, platforms like Airbnb warn of potential negative effects on families relying on short-term rental income.