San Francisco. Airbnb has signed a partnership with international real estate company Century 21 in Paris in order to make sublets a legal thing. Landlords, tenants and the real estate agency will all share the revenue after each booking. From France to Germany, opinions are divided regarding the benefit of this sublet friendly concept. But all agree that a big question mark remains when it comes to insurance. Paris City Hall is done negotiating with Airbnb and on top of suing the platform it is now proposing to ban short-term rentals in several arrondissements. The gloves are off.
Hamburg. The city of Hamburg is now vigorously and resolutely defending itself against alienated living space. The Senate decided this week severe penalties for portals such as Airbnb & Co. Resistance also stirred up in Hanover in August and previously in Munich.