The Financial Times discusses the impact of new regulations on short-term rental properties in Scotland, such as Airbnb, and how they affect the landlords and the tourism industry.

Main points:

• The Scottish government introduced a licensing scheme for short-term rentals in April 2023, which requires landlords to meet certain standards and pay fees to operate.
• The scheme aims to address the housing shortage, the environmental impact, and the quality of life of residents affected by short-term rentals.
• Many landlords are concerned about the cost and complexity of the scheme, and some have decided to sell their properties or switch to long-term rentals.
• The tourism industry is also worried about the potential loss of income and visitors, especially after the pandemic hit the sector hard.
• The government claims that the scheme will balance the needs of communities, businesses, and visitors, and that it will provide support and guidance to landlords.