What does the Airbnb ban in the 6th district mean for real estate investors in Budapest?
In September, Budapest’s Terézváros district, also known as the 6th district, decided in a referendum to ban Airbnb and other short-term rentals. A majority of 450 votes will now decide on a bold experiment with an uncertain outcome. The decision, which was narrowly carried by 54% (20% of the 35,000