Plenty of cities are starting to introcude regulatory measures against airbnb which will make it much harder to stay profitable and grow. Munich, Berlin and Bar

Plenty of cities are starting to introcude regulatory measures against airbnb which will make it much harder to stay profitable and grow. Munich, Berlin and Barcelona are all concerned that flats are often used only for airbnb nowadays, thereby removing them from the market, and have started measures to penalize flats used for airbnb (penalties up to 500 000 Euros). It's become a side business for a lot of rich people who buy flats explicitly for renting out via airbnb, not just temporarily renting out an unused room in your flat. I expect the backlash to become much stronger in the years to come.