More tourist beds, fewer homes: cost of ‘overtourism’ in EU

More tourist beds, fewer homes: cost of ‘overtourism’ in EU

Last month, residents across southern Europe, particularly in Spain, Italy, and Portugal, protested against “overtourism”. They held placards that read ‘tourists go home’, ‘your holidays, my misery’, and ‘mass tourism kills the city’, making clear their disapproval of unregulated tourism. This month, hoteliers in Mallorca, Spain hit back by putting up posters welcoming tourists. This … Read more

Housing market in crisis again? Sales drop 11% in Q3

Housing market in crisis again? Sales drop 11% in Q3

After growing by leaps and bounds for nearly three years post-pandemic, India’s residential real estate market seems to be entering a slow lane again. The market which has been mired by poor demand, financial irregularities and non-delivery of flats for nearly a decade leading up to 2020, has again registered declining sales in the September … Read more