Challenges and effects of short-term rentals regulation
研究了16个欧洲城市对短期租赁的监管措施及其效果，发现监管能减少整套房源和专业房东数量，但对空间集中度影响不大。
Many overtouristified cities introduced limitations to the diffusion of short-term rentals, and are struggling to guarantee their enforcement, while evidence about the impact of those regulations is limited. The article provides an overview of the instruments adopted by 16 European cities, and an assessment of their effectiveness. By comparing regulated and unregulated cities, we show that the former obtained a persistent reduction in the number of listings of entire apartments, in the ratio between entire apartments and shared rooms, and in the number of professional hosts, but no significant impact on the spatial concentration of short-term rentals in the city. We also provide evidence of the effects of the diverse regulatory strategies, and of the importance of obtaining the cooperation of booking platforms.