The real tragedy is how unaffordable housing has become, with tourist rentals driving up prices and making long-term rentals scarce and expensive, especially in major cities.
Last year, 43% of new rentals in Barcelona were signed by foreigners, as locals can no longer afford the rising costs dictated by the tourism market.
Local businesses are disappearing, and emergency rooms are overwhelmed during tourist season, but the largest issue is the displacement of locals due to rising housing costs.
Young people cannot move out, and elderly residents are struggling to pay rent on their pensions, indicating a serious societal crisis driven by tourism in our cities.
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