00:01The European Commission will propose new housing rules that would give national and local authorities clearer rules for restricting short
00:10-term holiday rentals and the purchase of homes, according to a document seen by Euronews.
00:15The prospect of a tougher crackdown comes as prices have skyrocketed faster than local incomes across most European capitals, rising
00:2564.9% between 2015 and 2025 and rents 21.8% according to EU data.
00:34Even people who cannot afford to buy are facing rising rents, which consume 40% of household income.
00:41Many residents in cities complain that short-term rental platforms like Airbnb have removed homes from the market and pushed
00:50prices up, often forcing them to move.
00:53However, the Commission's upcoming restrictions would be allowed only in RIAs with clear evidence of serious housing pressure.
01:01The Commission acknowledges that short-term rental restrictions and limits on second homes can't solve Europe's structural housing shortage.
01:09Other challenges include high construction costs, expensive land, planning restrictions and lengthy permitting processes.
01:17Housing is a national and local responsibility, leaving the Commission powerless to order member states or cities to build more
01:25of it.
01:26Instead, Brussels is trying to use EU funding, stated rules, investment and legislation to influence the market.
01:36In the Commission's
01:372011-uchen국
