Tightening rules for Airbnb rents in Hungary?

The opposition Jobbik-Conservatives want rules for Airbnb-type short-term lets of apartments bought by foreign investors tightened, the party’s deputy leader said on Tuesday.

Properties let out to tourists in Budapest and big cities distort the rental housing market, Dániel Z Kárpát told a press conference, proposing a 90 day annual limit for such lets and owners paying 27 percent VAT instead of the current 5.

Owners could then rent out apartments to university students, say, in the remaining nine months, he said, adding that Jobbik will soon submit a related bill to parliament.

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