Barcelona is considered one of the most popular European cities. As more and more tourists flock to the city, it is becoming increasingly difficult for locals to find housing. The city of Barcelona now intends to address this issue.
Renting an Airbnb is a popular alternative to hotels in European cities. However, the abundance of apartments for travelers in Barcelona is being blamed for the difficulty locals face in finding housing. As a result, the city now intends to ban short-term apartment rentals for tourists.
The project is slated for completion by the end of 2028. All apartments currently used for short-term stays could then be rented out to residents. This would return 10,000 units to the housing market.
According to the mayor of the Catalan capital, rental prices have increased by almost 70% and purchase prices by about 40% over the past ten years. Additionally, there are approximately 6,000 illegally rented apartments. To continue ensuring affordable housing, the city administration sees itself compelled to take this drastic measure.
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