B. Apartments as these officials in the local authority know only too well meaning homeowners and tenants need a permit to rent out their apartments for more than eight weeks a year. The investigators suspect a tenant here of illegally renting out properties all year round. Suddenly from going up front as if sentiment is it started in twenty seventeen with this apartment he was a kind of big player if you rented lots of flats and then something that and then well be in be. On the biggest for me to. The investigators pay a visit to the apartment and speak to vacationers to gather evidence their landlord will receive a hefty fine potentially up to Five Hundred Thousand euros. From it all you can rent the place per day four hundred to Two Hundred Fifty Euros or if you do the math on the monthly rent is covered up to just ten days of. Finance yet
another that you start making a profit with in park but given all the idea behind a b. And b. Is that tourists like to feel at home. Since its fo
number of people choosing to source their accommodation whether a room or an entire apartment through air b. and b. but it s also about meeting people that s really lovely and i ve seen a lot of apartments and cities through the. air b.n. b. was founded ten years ago and went on to become one of the most valuable startups of all time almost five million people in one hundred ninety countries use the service which is worth an estimated thirty billion dollars but it s certainly not a welcome concept everywhere with protests against the company becoming more commonplace some locals say they re being priced out of their own cities by property owners are turning to air b.n. b. to make big bucks those concerns have prompted several cities and countries to
night that s eight hundred a month more than four times the original rent. to be able to now is to pay much higher rent elsewhere and is suing. and b. and b. for tourists a cheaper option behold days around the world but for residents looking for rentals it s a potential nightmare. so that s why the n.b.a. is celebrating in a sense and a very serious and european authorities are tightening the screws from berlin to madrid officials are limiting the number of days which of them may be rented and slapping fines on violate as perez is suing the company for failing to take down an registered listings and a few weeks ago in new york moved to require registration to stephen bids the from our business department is joining me now who seem you ve looked into this story is the honeymoon with a b. and b. over your heart i think that members of the sharing economy like air b.n. b.
another that you start making a profit with in park but given all the idea behind a b. and b. is that tourists like to feel at home. since its founding the company has grown from one hundred thousand registered listings to four and a half million air b.n. b. rents out more rooms in munich than the five largest hotel chains combined. in northern germany some landlords have even kicked out long term tenants so that they can profit from the air b.n. b. boom money could have a vote suspected that s what s happened to her she lived in her apartment for thirty three years she raised her children there and knew all her neighbors when she got an addiction notice the land of claims you needed the flat for his own use . that in a limited. someone suggested i take a look at albion b. if they suspected it was being offered on their website and from italy at this is the out on air b.n. b. part of her kitchen are still in the apartment it now costs fifty nine years per
like human rights gay rights that he hopes his 80% popularity rating with the kenyan people will help him with. there s also business going on this morning, a very busy morning. he was co-host of the global entrepreneur summit talked a lot about emerging technologies. this is a place that has been successful with sort of cutting edge cell phone technology. he brought along a number of successful american entrepreneurs with him, steve case from aol, one of the co-founders of air b andb. he also took a tour of programs designed to bring more electricity to kenya. that has been a point of contention here. two years ago he launched this program to bring electricity to double the amount of electricity in five years. it s been very slow getting off the ground. one of the things he hopes to do here is move on some of the programs that he began particularly in earnest about a year ago when he had an african summit in washington, d.c. but coming in here i talked to