Maximum duration of 120 to 90 days per year, registration obligation,… the city of Paris presented this Thursday, November 28, new regulatory and sanction measures on the rental of furnished tourist accommodation in main residences.
The City of Paris presented on Thursday, November 28, new regulatory and sanction measures concerning the rental of furnished tourist accommodation in main residences, permitted by the recent adoption of a law in Parliament.
Since a law passed on November 19, mayors have new tools to fight against the illegal rental of furnished tourist accommodation, such as Airbnb. Paris is thus strengthening its arsenal, with new fines, reinforced sanctions, or even the reduction in the number of authorized rental days.
Jacques Baudrier, deputy mayor of Paris in charge of housing, hailed “a historic victory”, at the end of a fight carried out for more than ten years by the Paris town hall, while the city faces a major housing crisis.
Maximum duration reduced from 120 to 90 days
From January 1, 2025, after a vote in the municipal council, the maximum rental period will fall from 120 to 90 days in Paris, as permitted by the new legislation.
In addition to less favorable taxation, the law allows town halls to sanction fraudulent owners more heavily and more widely. “We have much more effective legal weapons,” rejoiced the elected communist.
For example, renters must now register with a national teleservice and provide proof of the main character of the rented residence. In the event of a false declaration, the offender faces a fine of 20,000 euros.
The City of Paris also plans to tighten and create new fines, including that for illegal transformation of use which will, for example, be doubled, from 50,000 to 100,000 euros.
The other fines concern platforms which do not fulfill the obligation to remove advertisements which do not respect the ceiling for nights, or concierge services which are “complicit” in a fraudulent rental.
No worries at Airbnb
“We do not expect this proposed regulation to have a significant impact on our activities,” responded the Airbnb platform in a statement sent to AFP.
“But we regret these new diversionary measures which will not resolve the housing problems, and continue to omit the real issues linked to the concentration of tourism in the center of Paris,” she added.
“In cities that have implemented drastic measures of this type, such as New York, no positive impact on the long-term rental market is observed,” Airbnb said.
The housing deputy at Paris town hall estimates that 25,000 furnished tourist accommodations are rented illegally in the capital, worth a billion euros in revenue. These are mainly accommodations rented all year round by multiple owners.
“We have won a battle,” said Jacques Baudrier, who recalls that 300,000 homes remain vacant in Paris. “We have others to carry out, in particular on the taxation applied to second homes and vacant housing,” declared the elected official.
