Airbnb Property Increases in Valencia Airbnb Property Increases in Valencia
This post was originally published on this site Major cities in Europe are warning about the growing number of property developers buying up residential... Airbnb Property Increases in Valencia
This post was originally published on this site

Major cities in Europe are warning about the growing number of property developers buying up residential apartment blocks to let them to tourists on Airbnb.

The website started as a way for people to rent out their spare rooms but several local governments say an increase in professionals using the site is forcing residents from their neighbourhoods.

Ten cities are now asking the EU for help.

Scotland’s Europe Correspondent Jean Mackenzie has been to Valencia, which is struggling to control the growth of Airbnb properties.

Filmed and edited by Andy Smythe.

Source: This post was originally published at BBC on .

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