Spain plans to tackle housing crisis with 100% tax on homes bought by foreigners

7 comments

1. US and Canada should do this also.

2. By non EU residents*

3. Statistics on how many houses are bought by foreigners?

4. RIP Spain’s economy, especially their tourism industry in places like Barcelona.

5. Sounds like a good idea

6. Yet…. Didn’t they just institute a digital nomad visa?

7. Switzerland simply flat out banned people who don’t have a residence title in Switzerland from buying residential properties back in 1983.

   Housing prices are super high anyway today but at least we don’t have to compete with rich Arabs who simply buy one more apartment/house here whenever they need to park some money in a safe place.

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