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New registration numbers for Airbnb flats


New registration numbers for Airbnb flats
DIW study shows short-term rentals lead to rise in neighborhood rents.
Dominik Bardow, 19.2.2021 - 12:00 Uhr
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Photo: dpaThe sound of trolleys on cobblestone.
Berlin - Digital letting agency Airbnb has suffered its latest setbacks in Berlin: the city government now requires all vacation rentals to have a registration number from the
Bezirksamt (district office). Meanwhile, a study released Wednesday shows that Airbnb has driven up rental prices: for every new Airbnb flat on offer, rents increased in the neighborhood by an average of 13 cents per square metre.
The study by the DIW German Economic Research Institute shows how vacation rentals are exacerbating the housing shortage in the capital. This is mainly due to Airbnb rentals that are sublet for longer than 180 days and removed from the regular housing market, Tomaso Duso, author of the study at DIW Berlin, said. ....

Tomaso Duso , Claus Michelsen , Sebastian Scheel , German Economic Research Institute , Economic Research Institute , Vacation Rentals , Berlin Apartments , பிரிவு மைக்கேல்சன் , செபாஸ்டியன் ஸ்கீல் , ஜெர்மன் பொருளாதார ஆராய்ச்சி நிறுவனம் , பொருளாதார ஆராய்ச்சி நிறுவனம் , விடுமுறை வாடகைகள் , பெர்லின் குடியிருப்புகள் ,

German Economy To Shrink In Q1: DIW Institute


German Economy To Shrink In Q1: DIW Institute
The German economy is set to contract in the first quarter due to strict restrictions related to Covid-19 pandemic, the DIW Institute said Wednesday.
Gross domestic product will contract 3 percent in the first quarter of 2021 after stagnation in the fourth quarter, the think tank estimated.
The hard lockdown will last until the end of February and then gradually be lifted, Claus Michelsen, an economic director at DIW Institute said. So there is a long and rocky road ahead for the German economy.
The sentiment has recently deteriorated noticeably in the automotive industry, Simon Junker, an expert at DIW institute noted. The recent lockdown has further worsened the performance of many companies, which increases the risk of a wave of bankruptcies, at least in the sectors particularly affected. ....

Simon Junker , Claus Michelsen , Instaforex Company , சிமோன் குப்பை , பிரிவு மைக்கேல்சன் ,