Airbnb Having Effect On London Rent Costs

The video discusses the impact of Airbnb rentals in London, highlighting how individuals like Jade use the platform to supplement income. However, it raises concerns about the effect on the housing market, with properties being removed from long-term rental availability, driving up rents. Airbnb faces criticism and regulatory challenges, with local councils investigating compliance with short-term rental rules. The video also touches on broader issues of housing demand and the need for affordable homes.

In what ways does the London Mayor plan to address the housing demand in the city?

What challenges do residents face due to the rise of short-term rentals in their neighborhoods?