Re:Barcelona will eliminate tourist apartments
by zrn900 on Friday June 21, 2024 @05:07PM
(#40753820)
Spain is not the US. Barcelona had been building a lot of housing. Its not enough as they get converted to airbnbs or get scooped up by rich foreigners or foreign investment funds.
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Re:Barcelona will eliminate tourist apartments
by anthonypasq on Friday June 21, 2024 @05:19PM
(#40753931)
Real estate is only a good investment vehicle because the western world refuses to build shit. why on earth would you expect investors be enticed to buy a fundamentally depreciating asset instead of equities?
Re:Barcelona will eliminate tourist apartments
by mardifoufs on Saturday June 22, 2024 @02:40PM
(#40761148)
Lol what? Maybe back in 2007 before the crash that ruined tons of Spanish construction companies and investment in real estate. Otherwise the US builds a lot, and apparently Barcelona still doesn't build enough.