FLORENCE, Italy, Oct 3 - Florence, one of Italy's most popular tourist destinations, has banned new short-term residential lets on platforms such as Airbnb
The rules, approved by the Tuscan city late on Monday, also offer three years of tax breaks to landlords of existing short-term lets if they switch to ordinary leases. "In 2016 we had just under 6,000 apartments listed on Airbnb, today we have almost 14,378", he said, noting that during that time the average cost of ordinary monthly residential rents had leapt 42%."The 40,000 Florentines who live in the centre are complaining about finding themselves, all of a sudden, living in apartment-hotels," he added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: