The Spanish city is one of several around Europe where rents for residents have soared while AirBnB and other platforms thrive.
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00:00Malaga is joining other cities in Spain by putting the brakes on the spread of tourist
00:07accommodation.
00:09Licenses to properties with a separate entrance are to be limited by the city council.
00:15Barcelona and Valencia have also made similar restrictive measures.
00:20It's typical gentrification. It doesn't matter if we are in Berlin, Barcelona or New York,
00:28because they are like cities of the short and the long. And directly the rise of prices,
00:34vulture funds that are behind all this.
00:38As residents are finding it hard to pay rent.
00:45The Andalusian city has experienced a huge increase in tourist housing in recent years,
01:01from just 846 in 2016 to over 12,000 in 2024.