The city of Amsterdam has approved a new set of rules that allows residents to rent out their homes on Airbnb with less red tape. Previously, Amsterdam required renters to secure permits in order to list on Airbnb, a move that wasn’t exactly a ban, but did serve as an obstacle to would-be hosts. Under the new policy, citizens can classify their houses as “Private Rentals.” They’ll still have to pay taxes on the income, and renters that cross the line into running a business may be subject to investigation.

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