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Budapest moves a step closer to short-term rental caps

Budapest

Hungary: Hungary’s government, led by Prime Minister Viktor Orbán, has approved legislation that will pave the way for local governments to increase the regulation of short-term rentals in the capital city of Budapest. Budapest’s mayor Gergely Karácsony has also thrown his weight behind the restrictions, which include capping the number of days property owners and […]

Airbnb rentals under fire by residents in Budapest

Budapest

Hungary: Activists in the Hungarian capital of Budapest are blaming rising rents in the city on the number of vacation rentals being listed for tourists to stay in. As a result, they are campaigning for the government to place restrictions on rentals in the city, rentable through platforms like Airbnb, with Budapest experiencing a recent […]