The tourist tidal wave that’s flattening Europe’s cities

Historic cities are struggling to tackle a flood of short-term rental lets in their city centres

Rome
Rome is turning into an architectural theme park
(Image credit: Riccardo Fabi/NurPhoto via Getty Images)

“Serene as a Tuscan village” is how the residents of Monti in central Rome, a charming quarter near the Colosseum, once described their neighbourhood. But that was 15 years ago, before the arrival of Airbnb, said Eric Reguly in The Globe and Mail (Toronto).

The desertification of the city centre is not just Rome’s problem, said Arcangelo Rociola in La Repubblica (Rome): all of Italy’s historic towns suffer from it. No wonder, when you look at the figures: between 2008, when Airbnb came to Italy, and today, annual tourist numbers have risen by more than 20 million. Belatedly, the government is now discussing plans to introduce a bill which would mandate a minimum stay of two nights. But meanwhile, the mayor of Florence, Dario Nardella, has taken matters into his own hands. On 1 June, he decreed that no further licences will be granted in the city for short-term rentals.

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How naive, said the online news site Linkiesta: talk about tackling the symptoms instead of the cause. Platforms such as Airbnb represent an outlet for pent-up demand. Restrict supply and you’ll see rental prices shoot up, not down. Maybe so, said Emilio Cabrera in La Voz del Sur (Jerez), but something must be done, as this hollowing out of historic cities is a problem that won’t go away.

And it isn’t confined to Italy. See what’s happening in the Spanish city of Seville, where “six out of ten homes in the centre are registered for holiday lets”. It’s mayhem. “If blossom is Seville’s characteristic smell, the sound of suitcases wheeled over cobblestones has become its characteristic noise.” But thanks to the decree introduced by Andalusia’s regional government, things might improve: owners of tourist flats will have to install noise meters, and municipalities will be given the power to set limits on the number of homes rented out on platforms such as Airbnb.

They’ll have a fight on their hands, said Inma Bermejo in La Razon (Madrid). For millions of Spaniards, income from Airbnb is a lifesaver. In Spain, more than 15% of households (2.9 million) own a second property – one of the highest rates in the EU – and of those households, “more than 30% say that they’re hosting guests in order to make ends meet”. Madrid has just passed a Housing Law limiting the amount by which landlords can raise prices for long-term rents, so the attractions of short-term holiday rents, whether officially permitted or not, are only likely to increase. It’s much the same story in France, where the government has just ditched a bill to regulate furnished accommodation and diminish some of its tax advantages, said Le Figaro (Paris).

Airbnb critics attribute the cave-in to the shadowy influence of the US giant, but domestic pressure is pretty intense too. Many French families rely on Airbnb to cope with rising living costs; and it can be very profitable. “It pays three times more than the classic rental,” Carole, a Parisian who rents several Airbnbs in Clermont-Ferrand, told the paper. And though more and more municipalities are trying to stem the spread of Airbnb, they’re careful not to ban it. After all, tourist rentals fill city coffers. The Airbnb tidal wave may be checked, but it won’t be reversed.

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