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Barcelona's Rent Caps Lower Prices but Reduce Available Housing Supply

Big Tech and the digital economy

Barcelona's Rent Caps Lower Prices but Reduce Available Housing Supply

New data from Incasòl indicates that average rents for new contracts in Barcelona have fallen by 4.4% since the housing law took effect in March 2024, reaching approximately 1,140 euros monthly. However, this price reduction coincides with a significant drop in the number of available units and a shift toward smaller apartments, raising concerns about market availability ahead of a general strike on November 11.

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