Monday, 10 April 2017

Berlin Clamps Down On Short-Term Rental Websites

Berlin Clamps Down On Short-Term Rental Websites

Those who are caught leasing out entire properties in Berlin on Airbnb and other similar websites, instead of single rooms, will face hefty fines, reported The Telegraph.

Under the new law called Zweckentfremdungsverbot, which was passed by the authorities in 2014, but only came into effect on Saturday (30 April), violators face a fine of up to €100,000 (S$155,082).

This comes amidst fears by city officials that the trend of renting entire apartments to tourists via Airbnb, Wimdu and 9 Flats is further worsening the city’s housing shortage.

To read the full article, please visit Berlin Clamps Down On Short-Term Rental Websites

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