An aerial view of the Arno River in Florence, Italy.
Around 30% of homes in Florence, Italy's historic city center are on Airbnb/
  • 30% of homes in central Florence, Italy, are listed on Airbnb, the Wall Street Journal said.
  • Florence's rents have risen 42% since 2016 and locals, no longer able to afford it, are leaving.
  • The city has banned new rentals in the city center, but many worry it doesn't go far enough.

Florence's historic center is teeming with history and art from the picturesque Duomo cathedral to Michaelangelo's masterwork sculpture of David.