A group of activists protested against the practice of Airbnb at the weekend, holding a three-day-long brainstorm on how to tackle the phenomenon of short-term letting platforms which many believe is hollowing out organic neighbourhoods in the centre. They were joined by Prague Mayor Zdeněk Hřib, who revealed details about a new City Hall plan for tougher regulations.
A protest against Airbnb is being held this weekend in a Prague apartment
rented via the accommodation services provider. A group called Stop Airbnb
have invited members of the general public to take part in a weekend-long
series of events aimed at highlighting the damage being caused to
communities in central Prague as it is extremely given over to tourism.
Among those attending the launch of the “happening” was the mayor of Prague, Zdeněk Hřib. He said the city was working on legislation to make it easier to force renters to adhere to regulations regarding the provision of such services. Over 13,000 apartments in the Czech capital are being offered via Airbnb-style services.
Moscow authorities have given PPF Group, controlled by Czech billionaire
Petr Kellner, permission to build 1,500 flats in the Russian capital.
Separately, PPF is moving ahead with its mixed-use Comcity project in south-west Moscow, which will include two office buildings and a four-star Novotel hotel.
PPF now has six real estate projects underway or completed in Russia, including the Metropolis Administration Center and the South Gate Industrial Park in Moscow.
The Czech economy grew at a healthy pace, the country’s unemployment rate is at the lowest in decades, wage growth remained solid and inflation stayed under control. By most measures, 2019 was a good year for the country, former central bank governor Miroslav Singer says. But he cautions that while the Czech Republic has caught with some Western European countries in purchasing power, it has neglected investment in infrastructure for the long haul.
The price of flats in the Czech Republic is overinflated by 15 to 20
percent, according to the Czech National Bank. However, the bank board has
not changed its recommendations for mortgage lending. The forecast is that
the growth in real estate prices will slow in the coming months.
According to Deloitte, the price of an apartment in the Czech Republic rose to CZK 60,700 per square meter this year. An apartment with an area of 70 meters is selling for 4.2 million on average. In the large cities, especially Prague and Brno, prices are significantly higher.
The authorities in Prague 3 are offering students cheap accommodation in
municipal properties in exchange for spending time with the residents of
old folks’ homes, Novinky.cz reported on Sunday. The programme comes
partly in response to the fact that student dormitories are overcrowded and
commercial rents have skyrocketed in the city.
The students are required to spend 30 hours a month with seniors under the scheme. Prague 3 deputy mayor Ondřej Rut said it should bring together the generations and offer both fresh perspectives.