How Spain’s rent control is failing locals

Public Radio International · 2 years ago · 109 views

A one-year-old law in Spain meant to control soaring home rental prices has had the opposite effect: Prices have continued to climb. It’s part of a trend going back a couple of decades now. But this year alone, in some cities, rents have jumped by more than 20%. Experts – and renters – say finding an affordable place to live is now next to impossible. The World’s Gerry Hadden reports from Barcelona on why Spain’s rent control law has backfired. The post How Spain’s rent control is failing locals appeared first on The World from PRX.