Any Greek hosts here? I’d love to see your comments…
During the financial crisis, many Greek homeowners were under water on their mortgages, and some turned to AirBnB to make their payments. Now high demand for properties that can be turned into STRs has driven house prices back up, high enough that long term rentals have disappeared and young people can’t afford to buy houses.
From Forbes…
Greeks Begin To See The Ugly Side Of Airbnb
I’m wondering how long it will be until Greece starts regulating AirBnBs like Spain…