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Spain's Airbnb clampdown: Is tourist accommodation the real issue here?
Spain's Airbnb clampdown: Is tourist accommodation the real issue here?

Irish Times

time24-05-2025

  • Business
  • Irish Times

Spain's Airbnb clampdown: Is tourist accommodation the real issue here?

What has the Spanish government done? It has told holiday accommodation platform Airbnb that its Irish subsidiary, which manages much of its European operations, must take nearly 66,000 of the company's apartment listings off the market. Pablo Bustinduy, minister for consumer affairs, said that the properties, in six different regions of Spain , all breached regulations for tourist accommodation. Some, for example, did not list a licence number, while other listings did not show whether the owner was a private individual or a business. A Madrid court has backed the Spanish government's request for the immediate withdrawal of about 5,000 of those properties, with the remainder still pending further judicial rulings. Bustinduy celebrated the court's backing, saying that 'no company, however big or powerful, is above the law'. Is tourist accommodation the real issue here? Yes and no. Spain has suffered a severe housing crisis caused by a sharp increase in rental costs in recent years – the average rent has doubled over the past decade. There are a number of causes, such as a lack of social housing and red tape slowing down the construction of new homes. But as the number of foreign visitors to Spain each year approaches 100 million, many see tourist apartments as a major culprit, particularly in city centres where they push prices up and drive local people away. In some tourist destinations the problem has become extremely acute; in one area of central Málaga, for example, more than 80 per cent of homes are short-term tourist flats. READ MORE What was Spain's relationship with Airbnb before this latest announcement? Mixed, at best. Earlier this year, the socialist prime minister, Pedro Sánchez , said there were 'too many Airbnbs and not enough homes'. Meanwhile, the mayor of Barcelona has already announced plans to eliminate the city's 10,000 or so registered short-term holiday rentals by the end of 2028. Some local governments, however, are taking a more conciliatory approach: authorities in Ibiza, the Canary Islands and Murcia have signed deals with Airbnb to co-operate in ensuring existing regulations are obeyed by hosts. What does Airbnb say? The company insists that no proof of rule-breaking on its platform has been provided and that it intends to appeal against the ruling. It also pointed to a previous decision by Spain's supreme court which, the company said, placed the responsibility for property listings on the owners in question, not the company. A spokesperson for Airbnb said: 'Governments across the world are seeing that regulating Airbnb does not alleviate housing concerns or return homes to the market – it only hurts local families who rely on hosting to afford their homes and rising costs.'

Spain Pushes Ahead With Plan to Tax Non-EU Home Buyers 100%
Spain Pushes Ahead With Plan to Tax Non-EU Home Buyers 100%

Bloomberg

time22-05-2025

  • Business
  • Bloomberg

Spain Pushes Ahead With Plan to Tax Non-EU Home Buyers 100%

Spain's government is pushing ahead with a controversial proposal to hit non-European Union residents with a 100% tax when buying homes, as it seeks to tackle a brewing housing crisis. Prime Minister Pedro Sanchez's Socialist party presented the plan as part of a broader housing bill submitted to Parliament on Thursday. The bill seeks to promote 'measures that enable access to housing, since we are facing one of the largest problems our society is currently confronted with,' according to a copy of the draft legislation seen by Bloomberg.

Spain Orders Airbnb to Take Down 66,000 Rental Listings
Spain Orders Airbnb to Take Down 66,000 Rental Listings

New York Times

time19-05-2025

  • Business
  • New York Times

Spain Orders Airbnb to Take Down 66,000 Rental Listings

The Spanish government on Monday ordered Airbnb to remove nearly 66,000 listings from its platform, widening a crackdown on tourist rentals as it seeks to alleviate a housing crisis that has become among the worst in Europe. The government said the listings were in violation of rules because they either lacked licenses, had fake license numbers or failed to reveal whether the property was run by a corporation or an individual. Airbnb said in a statement that it would continue to appeal all decisions linked to the case. A spokesman said the company would keep the listings up until the appeal made its way through the courts. Housing affordability has become a critical social and political issue in Spain, where mass demonstrations have been held across the country by people who say that the proliferation of real estate investors and the conversion of lodging into tourist accommodations have pushed families from their homes. The scarcity has helped drive up prices much faster than wages, putting affordable housing out of reach for many. Spain's consumer affairs minister, Pablo Bustinduy, said the action was part of a broader push by national, regional and local authorities 'to ensure that no economic interest takes precedence over the right to housing.' His agency had previously investigated Airbnb and notified the company several months ago that 65,935 listings did not meet legal requirements and would need to be taken down, but the company appealed in court. On Monday, Madrid's high court backed the order. The government will require Airbnb to remove a first batch of 5,800 ads on the site, and additional orders will be issued until all the illegal listings are removed, Mr. Bustinduy said. The company said that the root cause of the affordable housing crisis in Spain was a lack of housing supply and that stricter restrictions in cities including Amsterdam, Barcelona, Edinburgh and New York 'failed to ease local housing challenges while hurting local families who rely on hosting and driving up the price of accommodations for everyday travelers.' 'The solution is to build more homes — anything else is a distraction,' the company said in the statement. Airbnb's listings in Madrid and Catalonia, whose capital is Barcelona, are among those affected by the ruling on Monday. Barcelona had announced it would become the first European city to end licenses for vacation rentals, requiring owners to offer them as long-term lodging at capped rents by 2028 or put them up for sale. Mayor Jaume Collboni told The New York Times recently that tackling rising inequality that stemmed from the lack of affordable housing was the top priority. Spain's woes mirror the pain lashing other European cities: Residential real estate has increasingly been turned into financial assets by investors. A surge in global tourism and workers crossing borders has prompted landlords to favor short-term rentals over protected long-term tenants. Cities need more homes, but high costs and complex regulations have stifled construction. A once-vaunted stock of social housing across Europe to shelter struggling families has shrunk after governments sold them to raise cash. In Spain, the government has sought to reverse the problem with an ambitious program to build more affordable lodging and social housing. The prime minister, Pedro Sanchez, has sought to curb foreign buyers, including by proposing a 100 percent tax aimed at foreign real estate investors. And in December, Spain's Supreme Court ruled that homeowners' associations could prohibit tourist rentals in their building if they got a three-fifths majority to agree.

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