Spanish Prime Minister Advocates for Prohibition on Property Purchases by Non-EU Residents
In a bold move aimed at tackling Spain's escalating housing crisis, Prime Minister Pedro Sanchez has put forth a proposal to tighten the reins on who can buy property in the country. This initiative stems from pressing concerns about affordability, as countless individuals and families are increasingly being priced out of the housing market.
Just a week earlier, Sanchez stirred the pot by suggesting a hefty tax—potentially reaching 100%—on property transactions. This recommendation comes amid a backdrop of rampant demand…