PARIS — Paris, one of the world's most-visited cities, is cracking down on short-term apartment rentals, dealing a blow to tourists looking for a bargain and entrepreneurial landlords hoping to recoup soaring property costs.
The allure of living in a Paris pied-à-terre for a week or month, and paying much less than for a hotel room, has created strong demand for short-term lodging, but its growing popularity has raised the ire of hotels and residential property owners.
"Residents complain about the noise, about the comings and goings, about the entrance of their building being turned into a hotel lobby," said Christian Nicol, head of the city's housing department.
Yet fighting the trend will be a challenge given many foreign owners rent out apartments as a full-time business.
Source Reuters: read the story