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Bloomberg Television

Should Airbnb be banned? 🧡

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should Airbnb be banned that idea might seem extreme but this year Barcelona did just that refusing to Grant or renew licenses for any vacation apartments in the city district 6 in Budapest has since followed suit and the concept May spread yet further Advocates of a ban say that Airbnb and its competitors drive up rents for full-time residents by taking long-term rental apartments off the market they’ve contributed to the housing crisis gripping many cities often mixed in with regular homes short stay apartments May pose a greater risk for noise nuisance while ensuring hosts obey rules and pay taxes is a harder task than it is with hotels now rules such as licensing systems and maximum night caps already exist in many places to curb these problems Advocates of a ban however say that these laws are largely unenforcable opponents of a ban however say that it scapegoat short stay platforms for housing problems that actually have causes elsewhere Banning vacation Apartments may not increase the availability of full-time rentals while many airbnbs aren’t really suitable for full-time tenants and anyway Airbnb sharing of data through tools such as its City portal is increasing year on-ear making it easier than in the past to monitor the sector and enforce rules meanwhile some city leaders say that existing regulations are actually working for them and that Airbnb has helped them within the urban regeneration

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