A recent report indicates a significant decline in average rents across Catalonia and Barcelona, with drops of 4.9% and 8.9%, respectively. This trend has emerged following the introduction of rent caps by the Catalonian government. Despite this positive development, concerns mount over a rise in seasonal short-term rentals, which have escalated by 11% compared to the previous year, complicating ongoing efforts for effective regulation. The government recognizes both the progress in reducing rents and the necessity to address the prevailing issues with seasonal rental practices.
With average rents in Catalonia down by 4.9% and Barcelona by 8.9%, the drop follows the implementation of rent caps last year.
Despite a general drop in rental prices, seasonal rentals have surged by 11%, presenting new challenges for the government in enforcing regulations.
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