Bad news for Airbnb, good news for tenants: Rents drop up to 25 pct in Athens

Property owners in Athens have slashed the cost of renting their apartments by up to 25 percent in areas such as the affluent seaside suburb of Glyfada, based on the latest industry data.

With the country's tourism sector in a downward tailspin due to the pandemic, there are fewer options available on renting out houses. About a third of home owners have pulled their assets from short term rental platforms, s