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Gavin Grey: UK correspondent on Spain shutting down over 65,000 Airbnb listings as part of rental crackdown
Manage episode 483970393 series 2098282
More than 65,000 Airbnb listings in Spain are set to be shut down amid a row over runaway house prices in the country.
The Government has come under increasing pressure to tame a surge in house prices and rents, which have doubled in less than a decade in some tourism hotspots.
Airbnb listings have been partly blamed for swallowing up the housing stock in cities such as Madrid, Barcelona and Valencia - and mass protests have started up ahead of the summer season.
UK correspondent Gavin Grey says many young people have been locked out of the housing market as a result of over-tourism - and there's growing calls for change.
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See omnystudio.com/listener for privacy information.
9550 episodes
Manage episode 483970393 series 2098282
More than 65,000 Airbnb listings in Spain are set to be shut down amid a row over runaway house prices in the country.
The Government has come under increasing pressure to tame a surge in house prices and rents, which have doubled in less than a decade in some tourism hotspots.
Airbnb listings have been partly blamed for swallowing up the housing stock in cities such as Madrid, Barcelona and Valencia - and mass protests have started up ahead of the summer season.
UK correspondent Gavin Grey says many young people have been locked out of the housing market as a result of over-tourism - and there's growing calls for change.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
9550 episodes
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