Spain's consumer rights ministry blocks more than 65,000 Airbnb listings for holiday rentals Authorities blame Airbnb for exacerbating housing shortages and pushing up real estate prices www.cbc.ca/news/world/s... - ThreadSky

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trapdinawrpool.bsky.social • 14 days ago

Spain's consumer rights ministry blocks more than 65,000 Airbnb listings for holiday rentals
Authorities blame Airbnb for exacerbating housing shortages and pushing up real estate prices
https://www.cbc.ca/news/world/spain-airbnb-consumer-rights-1.7538482

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mkwilson27.bsky.social•14 days ago

Fact check - True

timwhodrawsstuff.bsky.social•14 days ago

Spain should check how much tourism is worth to Spain.

mkwilson27.bsky.social•14 days ago

That’s what hotels are for.

timwhodrawsstuff.bsky.social•14 days ago

Newsflash: AirBnBs also take tourists. Lots and lots and lots and lots of them.

mkwilson27.bsky.social•14 days ago

They also drive up home prices by MASSIVELY reducing supply! Over a million AirBnBs in the US — most of which are in the most expensive cities.
It’s no coincidence that housing prices have exploded along with the rise in vacation rentals.

timwhodrawsstuff.bsky.social•14 days ago

It's an unintended consequence of a planet with 9 billon people on it and a largely capitalist economy🤷‍♂️

mkwilson27.bsky.social•14 days ago

Which just happened over the last 15 years or so? All across the world?

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