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Short-term rental

Dwelling rented for short periods From Wikipedia, the free encyclopedia

Short-term rentals (STR) are furnished lodging rented for short periods of time.[1] They can be used as alternatives to hotels for vacation rentals and housing during relocation.[2] They are usually reserved via online marketplaces.

Regulations

Regulations have been imposed on short-term rental platforms after proponents argued that short-term rental has reduced affordable housing and contributed to the increase of long-term rental prices due to changes in housing supply and demand; short-term rentals can be more lucrative than long-term rentals for landlords and also attract investors who bid up housing prices.[3] Supporters of short-term rentals argue that the impact on housing prices has been minimal and that the way to increase affordable housing is to increase the housing supply.[4][5] Examples include Lisbon, where a moratorium on short-term rentals did not reduce housing costs; it only increased hotel prices.[6]

In rare cases, landlords have been accused of illegally evicting tenants to convert properties into short-term rentals to obtain higher rents.[7]

The hotel industry has lobbied for additional regulations on short-term rentals, which compete with hotels.[8] Short-term rental platforms also use lobbying to promote their interests.[9]

In addition to government-imposed restrictions, many homeowner associations also limit short-term rentals.[10] Neighborhood community groups have voiced concern that short-term residents can cause issues with congestion, noise, and safety.[4]

Regulation of short-term rentals can include requirements for hosts to have business licenses, payment of hotel taxes, limitations on the number of days that a space is rented, requirements for hosts to occupy the space, and compliance with building, city and zoning standards.[citation needed]

Regulations by jurisdiction

Europe

  • Amsterdam: Hosts can rent their properties for up to 30 nights per year to a group of no more than four at a time.[11] Short-term rentals are banned in certain areas.[12]
  • Barcelona: Licenses and higher property taxes are required.[13][14][15] All short-term rentals will be banned in November 2028.[16]
  • Berlin: Licenses are required. Hosts must live in most of the property.[17]
  • Budapest: Licenses and taxation are required; short-term rentals are banned in certain areas.[18]
  • Ireland: Licenses are required. Short-term rentals are restricted to a maximum of 90 days per year for primary residences.[19][20][21]
  • Lisbon: Licenses are required. Short-term rentals are limited to 10% of the housing stock.[6]
  • London: Short-term rentals are limited to 90 days per year.[22][23]
  • Lucerne: Short-term rentals are limited to 90 days per year.[24][25]
  • Madrid: Listings without private entrances are banned.[26]
  • Palma de Mallorca: Short-term rentals are banned.[27]
  • Paris: Hosts can rent their homes for no more than 120 days per year.[28] Licenses are required.[29]
  • Rome: Short-term rental sites are required to withhold a 21% rental income tax.[30]
  • Venice: Hosts must collect and remit tourist taxes.[31][32]
  • Vienna: Short-term rentals are banned in specific "residential zones" within the city, with the exemption of apartments occupied by the host.[33]

United States

Canada

  • Montreal: Short-term rentals must be in a host's primary residence. Only allowed between June 10 and September 10. Prohibited in certain districts.[53]
  • Toronto: Licenses are required. Short-term rentals must be in a host's primary residence. Taxes are required.[54]
  • Vancouver: Licenses are required; cost C$1,108/year. Short-term rentals must be in a host's primary residence.[55]

Asia

  • Japan: Licenses are required; a home can be rented for a maximum of 180 days per year.[56]
  • Singapore: Short-term home rentals of less than three months for private properties or less than six months for Housing and Development Board flats are illegal.[57]
  • Taiwan: Short-term rentals require approval, a hotel business license, and must pass safety inspections and provide public accident insurance; many short-term rentals are illegal.[58]

South America

  • Brazil: Under the Brazilian Tenancy Law, a residential property may be rented for temporary purposes for a period not exceeding 90 days, whether or not it is furnished.[59] In May 2026, the Superior Court of Justice ruled that the use of units in residential condominiums for short stays offered through digital platforms requires a change in the designated use of the property approved by at least two-thirds of the condominium owners.[60] Short- and medium-term furnished rentals are also offered by Brazilian services such as Shortstay, which provides furnished apartments with flexible rental periods and digital contracts.[61]

See also

References

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