Booming Air Tourism Could Fuel European Rent Hikes of up to €250 a Year

🇮🇪 CleanTechnica (IE) —
Booming Air Tourism Could Fuel European Rent Hikes of up to €250 a Year

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A study by T&E highlights how booming air tourism in Southern Europe and Ireland is exacerbating the housing crisis, contributing to rent hikes of up to €250 a year. This growth in air traffic is driving unaffordability and protests in popular tourist destinations such as Spain, Portugal, Italy, and Greece.

Southern Europe and Ireland hit hardest by air tourism-driven housing crisis, T&E study finds Unchecked growth in tourism, facilitated by air traffic growth, is fueling an unaffordable housing crisis across Europe. Some of the most popular destinations like Spain, Portugal, Italy and Greece, have seen protests from residents in the ... [continued] The post Booming Air Tourism Could Fuel European Rent Hikes of up to €250 a Year appeared first on CleanTechnica.

Markets Real Estate Travel air tourism rent hikes housing crisis Southern Europe Ireland tourism growth urban affordability

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