Paris’ Booksellers Refuse To Move From Seine For 2024 Olympics
Paris' booksellers have a history of fighting the authorities. Before books were sold along the river, the stalls were a place to find pamphlets and anti-monarchist information—in 1649, the French king decreed that books were not allowed to be sold near the Pont Neuf.
They do not pay rent but must apply for a 5-year license, there are strict requirements on the size and content, with 75% of their stock comprising books and magazines and only 25% made of up tourist souvenirs to retain the literary, intellectual quality of the stalls. They often fight with police who accuse them of not cleaning up the graffiti that appears overnight, complaining that the police should do more to stop the graffiti artists.
However, this revenue for Paris is diminishing each month as landlords fear receiving a fine, which can be as much as $22,000. One landlord recently received a $54,000 fine because he had lots of properties listed on Airbnb. The fine was increased from €16,500 in 2022. Paris' city hall said that in 2023 so far it has taken €535,000 from 65 cases that went to court, considerably less than the amounts taken in 2021 and 2022 .$9.6 million from Airbnb after a court case against Airbnb itself, because the company had allowed about 1,000 properties to be listed without following the stringent requirements imposed by City Hall.
The sharing platform is targeted because of the impact it has on the rental market across many European cities, making short and long-term rentals for locals hard to find and because of the perception that it hollows out local communities of long-term invested residents.
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