“We couldn’t just stand and watch anymore.” With these words, Florence’s mayor, Dario Nardella, announced a tightening of the phenomenon of short-term leases at the municipal level. Homes rented by private citizens on Airbnb and similar platforms are certainly a hot topic: The government recently introduced a bill signed by minister Daniela Santanché to try to regulate a phenomenon that has grown exponentially in recent years. A business that is often the subject of criticism will have a negative impact on accommodation in big cities as well as in tourist areas, at least according to the negatives. As a result, prices in the more traditional and long-term rental market will rise.
That’s why we’re running to hide in Florence. Like? Mayor Nardella basically announced that the municipality will impose a de facto ban on new accommodation for short-term rentals of less than thirty days, in the historic center, throughout the entire UNESCO site. “From today, June 1, only those already registered on today’s date will be able to continue the short-term rental business,” said the mayor. Then stating that the rule cannot be retroactive.
To date, according to the latest estimates, there are more than 8,000 accommodations in the UNESCO area of Florence that are rented on platforms, usually whole apartments, starting with the best-known Airbnb. Those who have already started work can therefore continue to practice it.
“A new ‘intended use’ will not be created, but a ‘legal joint’ for short-term tourist rentals will be created within the ‘residential’ destination,” the mayor said. For this reason, properties that have entered the ‘housing’ destination and have not yet offered short-term rental services will no longer be able to do so from tomorrow, as the necessary ‘legal articulation’ will not be provided and will be higher. They will no longer be allowed to be compulsorily registered on the list maintained by the Metropolitan Municipality and used for payment of the tourist tax.
For those giving up on short-term rentals, stop the IMU
Nardella also announced that management will also act through tax leverage that allows “the IMU on second homes to be reset for three years in favor of those who forgo short-term leases and return to regular residences.” A way to encourage rentals to residents or students rather than tourists.
For an “average flat” in the historic center, the IMU in second homes costs “about 2,000 euros a year,” the mayor says. In three years, there will be a savings of 6,000 euros for the buyer: It remains to be seen whether the game is worth the mummy for those directly involved.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.