Australia Struggles to Solve Housing Crisis as Politicians Scramble
Australia is facing a severe housing crisis that is sweeping across the country, threatening economic growth and stability. Many Australians are struggling to buy or rent housing, while the government and local authorities are trying to find solutions to overcome this issue. Despite these efforts, the situation seems to be worsening. Real estate agencies report a sharp rise in property prices, while the available housing stock remains at record lows.
Continue readingCroatia Takes Steps to Regulate Tourist Rentals to Tackle Housing Crunch
Croatia, a popular tourist destination, has announced its decision to limit the number of properties rented out to tourists as part of its strategy to address the shortage of affordable housing. The authorities are concerned that the high proportion of tourist rentals is diverting resources needed for local residents, negatively impacting their needs. This decision responds to a long-standing issue where housing is becoming increasingly unaffordable for the local population due to the growing interest from international tourists.
Continue reading