Jack Albrecht
1 min readJan 23, 2025

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I'm 100% on Spain's side here.

Airbnb:

- Extracts money out of the country to oligarchs in the US;

- Has a track record of pricing locals out of the rental market in nice neighborhoods;

- Destroys the infrastructure of neighborhoods for multiple reasons - mainly because it is breaking zoning laws

- Skirts safety laws applicable to hotels

- etc.

5% of properties EVERY YEAR adds up VERY quickly to a huge percentage of properties being owned by foreigners in a decade. You end up with places like parts of big EU cities where huge numbers of properties stand empty.

I own multiple rental properties, one of which would be very well suited to be an Airbnb type rental. I hate what Airbnb represents and I won't support it.

Cities spend a lot of time and money developing zoning to support a liveable city. Airbnb ruins that by falsely claiming a property is residential when it actually a hotel.

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Jack Albrecht
Jack Albrecht

Written by Jack Albrecht

US expatriate living in the EU; seeing the world from both sides of the Atlantic.

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