Fedea recommends more coordination between administrations to address the rise of tourist rentals
A study by Fedea suggests enhanced coordination among government administrations to effectively manage the growth of tourist rentals, especially platforms like Airbnb.
Fedea's recent study highlights the challenges posed by the rise of tourist rentals, particularly in residential neighborhoods, emphasizing the need for continuous market monitoring. The report advocates for agreement among various government administrations to align their regulations and invest in tools that facilitate smooth data exchange. Without coordinated efforts, there is a risk that platforms like Airbnb could negatively impact the character and livability of these communities.
The research indicates that the unchecked expansion of short-term rental platforms has the potential to transform neighborhoods, leading to issues such as increased housing costs and disruption to local communities. Fedea stresses that regulatory frameworks should not only be established but also enforced effectively across different regions to combat these adverse effects. This calls for a comprehensive approach that includes not just policy-making, but also active engagement with affected communities.
By presenting the findings in "The economic impacts of short-term rentals and regulations: A literature review", Fedea aims to prompt policymakers to reconsider their strategies. Greater collaboration between municipal and regional governments is essential to ensure that local residents can maintain their quality of life, and that the economic benefits of tourism do not come at the expense of local communities.