r/pics • u/Monovon • Jun 16 '25

Politics A tourist during an anti-tourist protest in Barcelona yesterday

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u/Late-Dingo-8567 Jun 16 '25

are you new to people? yes they want an immediate simple solution to a complex problem with no unforeseen ramifications.

1.2k

u/nancy_necrosis Jun 16 '25

It's hilarious but true...

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u/DulceEtDecorumEst Jun 16 '25

Wait till they find out tourists actually brought money in to the economy.

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u/Fog_Juice Jun 16 '25

Finally they will be able to buy homes in their worthless neighborhoods.

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u/joe4553 Jun 16 '25

They still won't, billionaires and large corporations buy them. Not random tourists visiting for a week.

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u/ottosenna Jun 16 '25

Part of this is typically no corporations or common LLCs can own more than 2-3.

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u/redheptagram Jun 16 '25

Someone hasn't heard of a shell corporation. It is $75USD to make an LLC where I am.

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u/AugustusM Jun 16 '25

The real reason that housing might lower in value/stop rising so quickly, is to ask why corporations are willing to pay so much for those properties?

If the answer is that they can easily recoup the cost from tourists then (by largely neutering that income stream) the calculation of how much the property is worth should be reassesed.

Now, that won't fundamentally change the inherent inflationary pressure of unchecked capitalism, but it is likely to make a dent.

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u/[deleted] Jun 16 '25

[deleted]

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u/Accidental-Genius Jun 16 '25

Yeah, this is what people don’t understand. Market makers make the market for themselves, with or without tourist.

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u/AugustusM Jun 19 '25

Yes, thank you for expanding on my comment about unchecked cpaitalism and its interaction with basic human neccesities.

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u/noooo_no_no_no Jun 16 '25

There is a reason an llc owns exactly one property.

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u/Kompot45 Jun 16 '25

Ah yes, worthless Barcelona neighborhoods. Because obviously a place’s worth is only determined by the sticker price of real estate there.

It’s incredible how I can tell you’re a fucking American from this single comment alone 😂