
short term rental
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Too Little, Too Late: Iceland’s Shambolic Housing Market
In the afternoon of June 25, 2020, a house on Bræðraborgarstígur in Reykjavík’s Miðbær neighbourhood was set ablaze. Smoke engulfed the western part of town and a majority of the downtown area, pooling over the city pond where warm air met cool…
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Reykjavík Sees Boom In AirBnB Listings
More than 1.000 Reykjavík apartments are listed on the short-term rental site AirBnB, reports RÚV. It is estimated that between 1.500 and 2.000 apartments are now being used to accommodate tourists in need of short-term rental. This includes apartment hotels which rent out 340…

