Palma has historical housing issues that are unfair to blame on Airbnb. In Palma, there are more than 16,000 empty houses, which accounts for around 9 percent of available housing stock. Across Mallorca, the percentage of empty houses is even bigger at 16 percent (71,255 empty houses).
The Association of Real Estate Developers of the Balearic Islands said in 2012 that the Balearics would suffer a housing shortage due to a shortage of available homes and homes being built. They said this would lead to ‘serious difficulties in containing prices’.
In Palma, there are more than 16,000 empty houses.
If City Hall’s statement were finally confirmed, this decision would hurt thousands of middle-class citizens, backing their arguments using misleading data. Homes shared for more than 120 nights on Airbnb account for just 0.8 percent of local housing stock.
75 percent of hosts in Airbnb have only one listing. A typical Airbnb host in Palma shares their home for less that 60 days. This clearly indicates individuals and families are the vast majority of Airbnb’s community in Mallorca.
Home sharing helps middle-class families boost their income and studies around the world show it has no significant impact on housing availability.
Home sharing helps middle-class families boost their income and studies around the world show it has no significant impact on housing availability. Home sharers share the house where they live and they are not taking housing units out of the market.
We are disappointed by this decision and want to work with City Hall on a solution. We are committed to defending our home sharing community.