As Europe continues to be squeezed

Now, one of Europe’s biggest tourist destinations is taking action. The city of Florence has announced plans to ban new short-term rentals such as Airbnbs.

The new legislation, which will be voted on next Wednesday and is expected to be active by November, will ban any further properties in the historic center of the city being registered as short-term rentals.

Mayor of Florence Dario Nardella said in a statement shared with CNN that the “very important” legislation was tackling “an emergency situation of total deregulation.”

“We are witnessing a progressive growth in the influx of tourists which has become even more pronounced since the pandemic,” he added.

Figures from the city council show that 75% of Florence’s short-term rentals are concentrated in just 5% of the municipal territory – the city’s centro storico, the birthplace of the Renaissance and a UNESCO World Heritage site. The legislation aims to tackle that 5%.

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