Berlin regulates Airbnb and safely deflates its housing bubble while returning 8,000 rentals to the market

Berlin is one of many European cities that have faced new housing crises -- or worsening existing ones -- attributed to Airbnb, where homes were converted to unlicensed, super-profitable hotel rooms, driving up housing prices, shrinking rental inventory, and making the city unaffordable for the people who lived and worked there. (more…)