Short-term lettings, tighter regulations and the housing crisis: the market seeks a balance

The short-let market is undergoing a period of change, characterised by new regulations, local restrictions and the increasingly significant role of tourism in the Italian economy. The challenge is to strike a balance between local housing needs and the opportunities offered by a sector that contributes to accommodation capacity and enhances the value of the property portfolio, by focusing on clear and consistent legislation and conditions that encourage investment.

The regulatory framework is evolving, with national measures already in place, initiatives by local authorities and the European process surrounding the Affordable Housing Act. For operators, the priorities are clear rules, a stable tax regime and proportionate criteria, capable of distinguishing professional management from the activities of small-scale landlords. Against this backdrop, the regeneration of unused properties, the growth of long-term tenancies and the promotion of the home as a family asset remain key priorities.

It is against this backdrop that Milan will host the second edition of the ‘Stati Generali degli Affitti Brevi’ on 26 and 27 October, organised by Aigab, featuring 31 speakers including representatives from public bodies, platforms, property managers and trade associations. Among those confirmed to attend are the Deputy Prime Minister and Minister for Infrastructure, Matteo Salvini, and the Vice-President of the European Parliament, Antonella Sberna.

The discussion will cover the impact of regulations, legislative and tax prospects, growth strategies and the relationship between property ownership and new housing needs. Also on the agenda are the role of platforms, mergers and acquisitions, access to capital and the profitability of short-, medium- and long-term lettings.