zlacker

Will this actually change anything? Curious if folks will just create a black market for these instead (this is basically how ny works)

>>meow_m+(OP)
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

>>therag+b3
> 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.