In Las Palmas, Spain, the price of housing has pushed dozens of people to live on boats moored in the marina, despite the fact that local regulations don’t allow this practice
The opposition has called the move a publicity stunt, pointing out that it will take a decade to inspect all suspected homes, given only 10 dwellings are inspected a week
Rampant speculation and massive high-budget tourism have pushed housing prices to unsustainable limits. There is a shortage of civil servants, including law enforcement officers, while hospitals are transforming wings into residences to retain fleeing doctors and nurses
The pensioner is being forced to give up her apartment in a historical area where unlicensed vacation rentals are proliferating
The mayor has announced a freeze on licenses and steep fines for violators. Industry leaders say the housing problem in the Spanish capital will not be resolved this way
The company had allowed the use of indoor security cameras in common areas, as long as the locations of the cameras were disclosed on the listings page
The former doubled the latter’s turnover, reaching more than $21 billion. The latter made more money due to reduced marketing and personnel expenses
The co-founder and CEO of the accommodation platform believes that artificial intelligence will revolutionize the sector
The Big Apple recently approved new regulations on short-term rentals. Meant to curtail abuse and rising prices, it also spells trouble for legitimate users
The San Francisco company also said that later this year it will begin verifying all listings in its top five markets, including the United States and the United Kingdom, to combat fraudsters
Montreal’s mayor vowed Monday to tighten regulation of the rental platform after a fire swept through a building that included Airbnb units in a historic city section where they are banned
The company that manages hundreds of apartments on the short-term rental platform is pushing up prices to exorbitant levels
The relatives of Kandace Florence, Jordan Marshall and Courtez Hall want the rental giant to ensure that all properties advertised on its app have working carbon monoxide monitors
The victims’ families are requesting new autopsies amid doubts about official reports of a strong gas smell at the site
The Prosecutor’s Office says that the tourists died of carbon monoxide poisoning, while relatives of the victims, one woman and two men, believe they were drugged at a bar
The increase in ‘digital nomads’ with higher purchasing power is forcing locals further away from the Mexican capital’s downtown boroughs as the rental platform targets longer-term stays
The son of Chinese immigrants to the US, Wang dropped out of college after his freshman year to found Scale Al, a company that helps companies like Uber, Toyota, and Airbnb optimize their artificial intelligence systems
