Hungary's Bold Move: Plans to Quadruple Taxes on Short-Term Rentals in Budapest
In a significant shift aimed at regulating the short-term rental market, Hungary has announced its plan to quadruple taxes on Airbnb-style rentals in the capital, Budapest. This decision reflects the government’s endeavor to tackle the escalating issues surrounding housing affordability and the increasing pressure on local residents caused by the rapid rise of vacation rentals.
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Airbnb Unveils New Co-Host Marketplace to Enhance Listing Supply
In a significant move aimed at bolstering its listing availability, Airbnb has officially launched its Co-Host Marketplace. This innovative platform, which was revealed on October 16, 2024, seeks to connect hosts with potential co-hosts who can provide assistance in managing their rental properties. This step is seen as a strategic effort by Airbnb to enhance the overall guest experience, while simultaneously increasing the number of available properties on their platform.
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