Headlines
Bloomberg MarketsFrench Champagne and Perfume Feel the Pain of Trump TariffsBloomberg MarketsIPTO Capital Increase Will Secure Major Power Projects, CEO SaysBloomberg MarketsBrazil Paper Magnate Touts Photo Venture in Philanthropic TwistBloomberg MarketsPoland Considers Dollar-Bond Sale After Record Samurai IssueBloomberg MarketsPB Fintech Is Said to Revive $1 Billion Fundraise After OutreachBloomberg MarketsTK Elevator Said to Pick Banks for Top Roles on Mega German IPOBloomberg MarketsIndian Bonds Decline as RBI Refrains From Fresh Debt PurchasesBloomberg MarketsUniCredit Advises Poland’s PKO on SRT Tied to Corporate LoansBloomberg MarketsGermany Fires Up M&A Engine for Lightning $26 Billion StartBloomberg MarketsHow a Former Fed Vice-Chair Is Thinking About the Next Fed Chair | Odd LotsBloomberg MarketsOdd Lots: What Clarida Thinks About the Next Fed Chair (Podcast)Bloomberg MarketsCape Town to Slap Tax Hike on Airbnb OwnersBloomberg MarketsBohl: Regime Change in Iran Not StraightforwardFinancial TimesUS and Iran start nuclear talksBloomberg MarketsBP Seeks Partner for One of Oldest Iraqi Oil FieldsBloomberg MarketsFrench Champagne and Perfume Feel the Pain of Trump TariffsBloomberg MarketsIPTO Capital Increase Will Secure Major Power Projects, CEO SaysBloomberg MarketsBrazil Paper Magnate Touts Photo Venture in Philanthropic TwistBloomberg MarketsPoland Considers Dollar-Bond Sale After Record Samurai IssueBloomberg MarketsPB Fintech Is Said to Revive $1 Billion Fundraise After OutreachBloomberg MarketsTK Elevator Said to Pick Banks for Top Roles on Mega German IPOBloomberg MarketsIndian Bonds Decline as RBI Refrains From Fresh Debt PurchasesBloomberg MarketsUniCredit Advises Poland’s PKO on SRT Tied to Corporate LoansBloomberg MarketsGermany Fires Up M&A Engine for Lightning $26 Billion StartBloomberg MarketsHow a Former Fed Vice-Chair Is Thinking About the Next Fed Chair | Odd LotsBloomberg MarketsOdd Lots: What Clarida Thinks About the Next Fed Chair (Podcast)Bloomberg MarketsCape Town to Slap Tax Hike on Airbnb OwnersBloomberg MarketsBohl: Regime Change in Iran Not StraightforwardFinancial TimesUS and Iran start nuclear talksBloomberg MarketsBP Seeks Partner for One of Oldest Iraqi Oil Fields
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Cape Town to Slap Tax Hike on Airbnb Owners

Bloomberg Markets
Friday, February 6, 2026 at 8:39 AM
~4 min read

Original Report

Cape Town plans to more than double municipal rates on homes that are rented out for short durations, including those listed on Airbnb. Bloomberg's Jennifer Zabasajja spoke to Horizons Middle East...

Cape Town plans to more than double municipal rates on homes that are rented out for short durations, including those listed on Airbnb. Bloomberg's Jennifer Zabasajja spoke to Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)

Glass House Analysis

Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%