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The average Spanish tourist spends €2650 per month on housing and the average Spanish renter spends €650. How could protesting tourists possibly lead to more housing?
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It seems that the current protests in Spain to increase housing by being angry at tourists is misguided. The marginal benefit would have to be near 70% inefficient after passing through the government and economy for this protests to be a good investment.
Is the fact this protests exits an indicator their government is so inefficient protesting tourists is a rational idea, or would this be an example of a certainly foolish economic move?
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