The closure of tourist floors in Barcelona will cause a fall in the rental price and the loss of up to 16,000 jobs, according to a study | News from Catalonia

by Andrea
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He, scheduled for 2028 under a decree of the Generalitat, will cause one (for rent and purchase), the loss of up to 16,000 and a practically imperceptible reduction of. They are the conclusions of a study in charge of the City Council to the Institute of Economics of Barcelona (attached to the University of Barcelona), which the Consistory has published this Friday. The Government of also announced a plan of its agency Barcelona active to accompany from 2027 “the professional transition of people occupied in the VUT sector, the homes for tourist use.” The report specifies that the figures could vary if part of the activity currently has the tourist floors are redirected to other forms of traditional accommodation, such as hotels, or moves to other areas of the surroundings of Barcelona.

Going down to detail, the study has quantified that “the disappearance of the activity of tourist use homes and their return to the traditional residential market” would cause reduction of between 8% and 13.4%; and 6.1% in sale prices. With a nuance, the report points. Since Barcelona is a “highly interconnected” city, “the increase in residential supply derived from the extinction of tourist floors could attract population of the environment, increasing the demand for housing, which could reduce the expected impact on moderation or price decrease” that the report concludes.

On employment, the report states that the extinction of licenses would entail a decrease “between 0.35% and 1.35% of”. In absolute terms, a loss of between 4,000 and 16,000 affiliations. In global, on the effect on the GDP of Barcelona, ​​it would be 0.04%, about nine million quarterly euros, which would be 36 million annually.

The global impact, however, presents great differences by sectors. The sector with a more intense drop in activity as a result of the closure would be that of, transport, information and communications, with a reduction in the gross added value of 557 million euros. On the other hand, the disappearance of the activity of tourist floors would benefit the group of financial, professionals and technical activities, with an increase in its value of 785 million euros.

“At the temporal level, the most immediate impacts are predictable, directly and indirectly, sectors linked to the cessation of VUT activity, such as accommodation, hospitality and retail trade,” says the study. Which adds: “On the contrary, the materialization of positive impacts in the economy will depend on the time necessary to redirect resources (human, physical and financial) from tourist use floors and the associated sectors to other activities and sectors.” The report states that the figures could vary if part of the activity is redirected to other forms of traditional accommodation, such as hotels.

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