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Golden Visas probably didn't cause too many problems - they are easily palmed off with peculiar concrete and glass boxes in odd places, not like they'll be livi
by somewhereoutth 4y ago
Golden Visas probably didn't cause too many problems - they are easily palmed off with peculiar concrete and glass boxes in odd places, not like they'll be living in them much anyway.
AirBnB is what has been causing the problem with affordable accommodation in the city centres. Tourists want easy access to everything downtown, same as students and young professionals, and at 100 euros a night or whatever the going rate is is unbeatable for yield.
The trick now is to start turning these places back into HMOs / family apartments. It's nice that they've been done up, now time to give them over to local residents. If some 'funny money' gets royally screwed in the process, then all the better.
- kelnos 4y agoYeah, it smells too much like the Golden Visas are being used as a scapegoat, to make it seem like the government is Doing Something. I agree that GVs are probably a net negative for a local economy, but I doubt they contribute significantly to housing unaffordability.