All posts in housing
Airbnb and other rental platforms agree to share data with European Commission
The European Union has reached a data-sharing agreement with Airbnb and other short-term vacation rental platforms, offering new avenues to track their impact on local housing markets, according to TechCrunch. The commission says the “landmark agreement” will “allow public authorities to better understand the development of the collaborative economy and support evidence-based policies.” The agreement includes […]
Report shows Airbnb is crowding out long-term housing in the UK
Airbnb’s short-term rentals are exacerbating a housing shortage and crowding out local communities, according to a report from The Guardian. The Guardian cross-referenced a database of Airbnb listings with government housing data. While the database included shared rooms, private rooms, and entire homes, 67 percent of the listings were for whole apartments. In some areas, the analysis found […]
Paris-based startup Virgil raises €2.1m to help young professionals buy homes
The fintech startup Virgil has raised €2.1 million to provide funding for cash-strapped young professionals aiming to buy a home despite rising cost of living and stagnant wages, according to Tech.eu. Virgil has now drawn investment from Alven Capital, LocalGlobe and Kima Ventures, along with angel investors such as Greg Marsh and Demetrios Zoppos, founders of onefinestay, […]