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Market intervention needed to limit sales of Mallorca homes to foreign buyers
"There are mechanisms in the free market for when imperfections occur." Overpopulation in the Balearics is an imperfection.
Andrew Ede27/10/2022 08:55 Mallorca non-resident property purchases to be limited
Entry of rental cars to also be restricted across the Balearics.
Foreign demand only a part of Mallorca's housing problems
The main reason for a lack of affordable housing is that "it is impossible" to build it at the required prices.
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