I have no data, but experience from many other cases shows that economics will take what it wants.
Scenarios I can imagine:
1. Black market, which will hurt tourists and locals alike
2. These flats rented to digital nomads instead
3. These flats sold instead, and will be bought buy some hedge funds who will just wait for price appreciation and still asking hight rent
But most plausible scenario is mix of the above plus something unexpected and bad
> experience from many other cases shows that economics will take what it wants
No such thing. Regulations work.
> Scenarios
No need to 'imagine' things. Wherever they implemented regulations here, they worked. From rent control to airbnb bans. Regulations work as long as you enforce them.
theragra|1 year ago
But most plausible scenario is mix of the above plus something unexpected and bad
zrn900|1 year ago
No such thing. Regulations work.
> Scenarios
No need to 'imagine' things. Wherever they implemented regulations here, they worked. From rent control to airbnb bans. Regulations work as long as you enforce them.