The Greek government has announced a one-year ban on new licenses for short-term rentals in central Athens, alongside a significant tax increase on such properties, aimed at countering a housing shortage exacerbated by the popularity of platforms like Airbnb. The daily tax on short-term rentals will rise from 1.5 to 8 euros during peak months, reflecting the government's effort to redirect homeowners towards long-term rentals amid soaring tourism revenue expectations. In Hungary, residents of Budapest's sixth district voted 54% in favor of a ban on short-term rentals starting in 2026, citing concerns over housing affordability and quality of life due to the influx of tourists. This decision comes amidst a broader trend across Europe, where cities are grappling with the adverse effects of over-tourism, including rising housing costs and community disruptions. Critics of the ban in Budapest argue it could negatively impact local businesses that rely on tourist traffic, although supporters emphasize the need for improved living conditions for residents. These developments in Greece and Hungary reflect a growing pushback against short-term rental practices as cities seek to balance tourism benefits with local housing needs.