Spain Looks to Raise Taxes on Holiday Rentals
Skift Take
Raising taxes on short-term rentals in Spain may not slow down the enormous demand for those properties. But it is a sign that the government is listening to those angry about the sector's perceived role in making housing unaffordable.
Spanish Prime Minister Pedro Sanchez announced plans on Monday to increase taxes on holiday rentals, Reuters reported, so they pay "like a business" as rents throughout the country have increased substantially in recent months.
"It isn't fair that those who have three, four or five apartments as short-term rentals pay less tax than
