Drunk visitors, rocketing rents and homogenised cafes: living in Europe’s tourist hotspots
Drunk visitors, rocketing rents and homogenised cafes: living in Europe’s tourist hotspots
Locals say swelling visitor numbers are distorting housing markets and have changed their area’s character
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Ah yes when i go on holiday somewhere, first thing i do is go to a property owner and demand they raise the rent.
7 16 ReplyWhat happens is that owners throw out renters to turn the flats into airbnb places. Fewer flats for locals means higher demand means higher prices.
12 1 ReplyWhite I appreciate the sarcasm, the link provided is paywalled...
1 0 ReplyI don't know why, but it does work for me.
2 0 Reply
You stay in a location where locals could stay, if it weren’t more profitable to use it for short-term holiday stays though.
4 1 ReplyBut don't the locals - by definition - already own a place? Is a big percentage of people in these places renting?
1 0 ReplyIt depends on where you go obviously, but most urban centers have a majority renting population afaik.
1 0 Reply