The boom in short-term accommodation

Petr Polák

A chapter in CNB Global Economic Outlook - December 2019, 2019, pp 12-15 from Czech National Bank, Research and Statistics Department

Abstract: Property prices are rising continuously in many European states, and property markets are overheating in various countries. The high prices are making housing less affordable and may be putting financial stability at risk. Supervisors are therefore adopting various measures and local authorities are introducing new regulations. The upward price trend is also due to limited supply caused by a boom in the popularity of short-term accommodation. What can we say about this newly developing market?

Date: 2019
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