BRUSSELS—Europe’s top court on Tuesday gave its backing to European cities cracking down on short-term rentals of private homes to solve a housing crunch, dealing a setback to homesharing site Airbnb.
From Amsterdam to New York and Paris, authorities have blamed Airbnb for worsening housing shortages in their cities which have pushed out lower-income residents. France is Airbnb’s second largest market after the United States.
