Paris wants to ban new tourist areas from professional landlords in the heart of the city to combat the housing shortage. The residents of the French capital should thus be protected from the explosive increase in furnished accommodation, the newspaper “Le Parisien” reported. There are already 43,000 such tourist quarters.
Professional investors should be prohibited from creating more such rooms and apartments in districts such as the Marais, the Latin Quarter, around Montmartre, the Champs-Elysees and the Eiffel Tower. The measure does not affect the letting of private apartments for a maximum of 120 days a year. It is to be decided in June as part of a new urban development plan for Paris.
In order to combat the massive housing shortage in Paris, the city has been increasingly regulating the conversion of offices and rental apartments into tourist accommodation for several years. Approval and compensation by creating housing elsewhere in the city are required.
