It’s Valencia.
Something feels very wrong here…
It is a tourist city after all. And the article states “The city’s main tourist accommodation sector, almost twice the number of hotel accommodations”.
New regulations outline that holiday homes cannot exceed more than 2 percent
Why are they fighting reality?
The last thing you’d want is for your city to become a tourist city. Nobody wins except for property owners to who can make more money renting their apartments to tourists than to locals, and shop owners who can charge abhorrent prices for basic groceries because tourists don’t know any better.
Ask the people of Prague and Barcelona. There’s a good video by the Honest Guide on how Prague 1 became a sort of “theme park” for tourists, and is absolutely unliveable for people from Prague.
It is especially problematic for countries with weaker currencies, since hotels will charge strong currency prices for their rooms, because tourists can afford it. Japan has this problem where hotels are too expensive for Japanese people because the Yen is weak compared to the Dollar and Euro, which is the currency hotels use to calculate their rates.
I understand that. But then tourism is a strong source of income. And it is one for Valencia already.
If you want to refuse it, then you need alternative sources of income. They do not arrive out of thin air, usually…
I understand that
You don’t though.
People want to be happy where they grew up doing what they want to do.
I would imagine it’s the pain for locals where housing costs a fortune and the city becomes a ghost town out of season.