> Paris cracks down on illegal rentals amid housing crunch / 36XU26U
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Paris cracks down on illegal rentals amid housing crunch / 36XU26U
Clip ID 2269703
Creator AFP
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Description
The City of Paris is cutting and removing key boxes to reduce the number of flats illegally rented out in Paris through platforms such as Airbnb, while Deputy Mayor of Paris Jacques Baudrier wants to "bring these homes back onto the rental market for Parisians." The French capital, one of the world's top tourist destinations, is among many cities worldwide where officials and activists complain rentals are encouraging "Airbnb entrepreneurs" and speculators to snap up real estate, leading to housing shortages for residents. IMAGES AND SOUNDBITES