Barcelona to ban apartment rentals to tourists in bid to cut housing costs
Barcelona to ban apartment rentals to tourists in bid to cut housing costs
Spanish city is one of Europe’s top destinations but its popularity has made housing increasingly unaffordable for residents
You're viewing a single thread.
I'm sure there are downsides I am not thinking of, but let's all do this posthaste
NYC did this. I haven’t heard any follow up on housing prices falling though. I’m still hoping it’ll help longer term, but I feel like the market won’t allow for prices to immediately self correct. Who knows though, but it’s been almost a year.
Looks like there's still "over 1000" available, so maybe it's not enforced or there's some sort of loophole.
Relevant guardian article about it: https://amp.theguardian.com/us-news/2024/apr/25/new-york-airbnb-short-term-rentals-sublets