the targeting of non-EU non-resident buyers reflects a refusal in the Spanish government to admit the real causes of Spain’s housing crisis – a “straightforward” problem of rising demand ...

Only 90,000 new units are built in Spain every year while 120,000 new households are created, according to Idealista figures, leading to a housing shortage that has caused rents to soar.

Madrid’s right-wing city hall has a target of 15,000 social housing units by 2027. READ: Foreign workers help Spain’s economic growth outpace US, Europe This compares with 260,570 social ...