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flag Spain plans to tax holiday rentals and homes bought by non-EU citizens to make housing more affordable.

flag Spain's Prime Minister, Pedro Sanchez, plans to increase taxes on holiday rentals to address rising rents and make housing more affordable. flag The government aims to tax holiday rentals as businesses to reduce the tax advantage for those with multiple short-term rental properties. flag Additionally, Spain proposes a 100% tax on homes bought by non-EU citizens to control foreign investment in the housing market.

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