c-paris-RTR4OH2G-Philippe Wojazer

New rules for short-term rentals could take a toll on Airbnb’s largest market

65,000 homes

Paris is Airbnb’s largest single market, with 65,000 listings.

Published   |  Photo by Reuters/Philippe Wojazer
c-paris-RTR4OH2G-Philippe Wojazer
65,000 homes

But that number might start falling soon. The city just approved new rules that make it harder for people to rent out their homes.

c-paris-RTR4OH2G-Philippe Wojazer
65,000 homes

Starting in December, homeowners will have to register their properties with local authorities before making them available on home-sharing services like Airbnb.

c-paris-RTR4OH2G-Philippe Wojazer
65,000 homes

Home-owners can rent their main residence for up to 120 days within a year, and are required to pay taxes.

c-paris-RTR4OH2G-Philippe Wojazer
65,000 homes

Like other cities, Paris is trying to balance the needs of tourists with residents who have fewer rental opportunities.

c-paris-RTR4OH2G-Philippe Wojazer
65,000 homes

The city estimates that Airbnb and its competitors have removed 20,000 properties off the rental market over the last five years.

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