Reported 2 days ago
The Spanish government has intensified regulations on the housing market by ordering Airbnb to remove nearly 66,000 listings that failed to comply with local laws, aiming to tackle the ongoing housing affordability crisis, particularly in Madrid and Barcelona. Consumer Rights Minister Pablo Bustinduy emphasized the need for a sustainable tourism model that respects the housing rights of locals. As protests against short-term rentals gain traction, the government insists on finding a balance between tourism and residents' rights while holding companies like Airbnb accountable for compliance with regulations.
Source: YAHOO