"Florence Implements Ban on New Short-Term Rentals in Historic Center"

Florence has banned new short-term residential rentals on platforms like Airbnb in its historic center, aiming to free up homes for local residents. The city also offers tax breaks to landlords of existing short-term rentals if they switch to ordinary leases. The mayor of Florence, Dario Nardella, stated that the decision was made due to disappointing government regulations and the significant increase in rental prices. Italy, like other European countries, is facing a housing crisis fueled by low salaries, property shortages, short-term rentals, and high inflation. The central government is working on a bill to regulate short-term rentals, including a minimum stay requirement and a national identification code for each property.