Lisbon Airbnb : Portugal Pushes Affordable Housing Plan
▻https://www.bloomberg.com/graphics/2020-airbnb-short-let-reforms-lisbon
Lisbon City Council is introducing measures to turn Airbnb-style homes into affordable housing. But with many short-term rental owners holding out for tourism to return, the city’s new program has yet to attract many owners. Under the so-called “Safe Rent” program, Lisbon is offering to pay as much as three years of rent up front to lure property owners—many of whom have seen their rental income evaporate due to coronavirus-related travel restrictions—to switch their short-term rental units (...)
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