Mayor Jaume Collboni claimed home rental prices in the top holiday destination had soared by 68 per cent over the past decade with the cost of property ownership increasing by 38 per cent.
“We are confronting what we believe is Barcelona’s largest problem. More supply of housing is needed and the measures we are presenting today are to provide more supply,” Mr Collboni said.
Mr Collboni’s opposition accused him of undermining property rights and claimed the move resembled the far-left regime of Venezuela.
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