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Apartment buildings wreck the rental market

19:26

Apartment buildings wreck the rental market
source: Flickr

According to some local government officials, tourists inflate housing prices and lower the standard of living for permanent residents. Short-term rental is affecting more and more inhabitants of Polish resorts and large cities, including Warsaw, Kraków, Gdańsk, Sopot, Kołobrzeg and Zakopane. And although cities’ officials see the perks of renting, they strive for a civilized market.
“The biggest problem is the short-term rental in buildings inhabited by permanent tenants,” Grzegorz Sokoliński, former mayor of Szklarska Poręba, said.
The problems are mainly caused by the so-called apartment buildings and the buildings with apartments for rent, which increase prices on local markets. Local government officials claim that as apartment buildings appear, the ordinary everyday life begins to fade away. This being said, the local government of some cities see only the advantages of this type of rent. It is certainly appreciated by tourists because rates for short-term rental are usually much lower than those in hotels or boarding houses.
(Rzeczpospolita)

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