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Editorial: Le Monde

  • The problem of finding affordable housing in France is due to several factors, including a shortage of land and social housing, a disparity between income and rents, prohibitive prices, and complicated processes.
  • The short-term rental platform Airbnb has contributed to this crisis.
  • In Paris, 30% of the properties on Airbnb are used exclusively for short-term accommodation.
  • The company has exploited France's attractive location and favourable tax laws, causing significant damage to the housing market.
  • Airbnb's rapid expansion has changed property owners' relationship with their assets, seeing them more as a means to earn easy income than as a home or long term investment.
  • Despite attempts at regulation, efforts so far have been insufficient and Airbnb's taxation remains advantageous.

Conclusion: The debate and regulatory actions over Airbnb and the short-term rental market are urgently needed to mitigate the affordable housing crisis in France.