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The slump in available housing in the Balearics
Since 2012, the available housing stock has fallen by getting on for 10,000 properties.
Andrew Ede27/12/2024 07:46 The Mallorca municipality where house prices have risen the most in the past year
"The increase in prices is so significant that affordability of housing is at risk."
Slump in the sale of homes in the Balearics ... but foreigners continue to buy a third of them
The highest prices in the country are a reason for the fall.
Housing law makes access to affordable homes in Mallorca difficult
The law needs to be repealed in order to increase the supply of housing and to make it more affordable.
The Balearic Islands is the region with the fewest households living in their own homes
Spain is the twelfth country with the highest number of people who own their own home in the European Union.