TOKYO (Reuters) - Japan's home-sharing listings have crossed the 1,000-mark, the nation's tourist agency said on Wednesday, ahead of a new law regulating the practice comes into effect on Friday.
Japan will enact the private temporary lodging, or "minpaku," law, on June 15. The law requires hosts to register with the government apart from imposing other rules and restrictions.
The new law limits home-sharing to 180 days a year, a cap hosts say makes it difficult to turn a profit and leaves final decision-making to local governments, some of which have imposed even stricter rules to protect security.
(Reporting by Junko Fujita; editing by Malcolm Foster and Vyas Mohan)
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