world
2 hours ago

Spain and NYC Tackle Housing Crises with Controversial Policies

Spain and NYC Tackle Housing Crises with Controversial Policies
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7 Highlights
  • Spain faces a worsening housing crisis with rents rising 80% in 10 years.
  • PM Sánchez introduces rent caps and taxes on non-EU home buyers.
  • Spain's social housing stock is only 2.5%, lagging behind Europe's 14%.
  • Spain considers banning non-EU foreign home purchases to curb speculation.
  • Demonstrations highlight overtourism's negative impact on Spain's housing.
  • NYC's 'City of Yes' plan sets zoning changes to ease the housing crisis.
  • NYC aims to repurpose spaces and relax parking to boost housing supply.
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