Hungary's Bold Move: Plans to Quadruple Taxes on Short-Term Rentals in Budapest
2 months ago
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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