A Paris court sentenced Airbnb, the popular marketplace for vacation rentals. According to the court, the tech company failed to comply with local regulations when it came to listing your apartment on the platform. Airbnb should pay 9.6 million dollars (8.08 million euros) to the city of Paris.
This decision took years. Like many major cities around the world, Airbnb has had an impact on the housing market in Paris. Many apartments have disappeared from the housing market by becoming full-time Airbnb apartments, leading to high rents.
In 2017, it became a little more difficult to list your accommodation on Airbnb if you live in Paris. For example, you cannot rent an apartment for more than 120 nights per year. That way, landlords would think twice about moving from full-time tenants to Airbnb guests.
Since there are multiple seasonal rental platforms, the city of Paris has set up a registration system. If you want to list your apartment on Airbnb, you must first obtain a registration number. Platforms like Airbnb should request this registration number and limit listings to 120 nights per year.
At first, the town hall reported about 1,000 apartments that were not properly registered. They sent the listing to Airbnb, asking the company to remove these listings.
In 2019, the city of Paris for follow-up Airbnb for the same reason. Thanks to some regulatory changes, the responsibility has been shared between the hosts and the platform. And that brings us to today’s fine.
“This is the first time in France that a local government has won a case against a tech giant,” said Ian Brossat, deputy mayor of Paris. A declaration. “The platforms are finally being held accountable. A great victory for the Parisians.
Airbnb Told AFP that 95% of accommodation in Paris has been booked for less than 120 nights over the past year. This means that these last 5% of advertisements represent much more than 5% of overnight stays.
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