Cities Revolt Against Short Term Rentals: A Necessary Crackdown? The European Union's Affordable Housing Act aims to give cities a much needed tool to tackle the issue of short term rentals.
These rentals have become a contentious topic in tourism hotspots like Barcelona, Amsterdam, and New York, where residents complain about being priced out of their neighborhoods by properties catering to tourists.
As more properties are converted into short term lets, locals face a shrinking pool of affordable housing options.