Spain update - Prices slashed!

[@thomasjohnbirks132]

I have been going to mainland Spain and Tenerife for over 20 years. Those days are ending! I now find much better value and a more friendly welcome in Greece and Turkey. Spain will regret this tourist hatred.

[@doctorcaso]

SPANIARDS SAY GOOD BYE TO BRITTS...!!!!

[@stevenmatthews5873]

Looks like we are saying Goodbye to you amigo 🇬🇧😁

[@kaycee625]

I hope they do regret it. Living here in sick to the back teeth of their hatred of Los Ingleses.

[@cecilecorpuz5735]

Here in the Netherlands, full time work is roughly 36 hours, digital currency I'[m not being fooled they want to keep track of where and how you're spending your MONEY! They want to keep everybody on a leash! Here in Holland they want to track every transaction that is over 100 EUROS! Like I said I'm not going to be fooled, others can get hood winked but not myself!

[@MsElke11]

If they lowered work hours you'd think that would allow for more jobs, but that's not their goal.

[@KletoReese]

No way! Has this already started??

[@steveward4432]

If you are paid via digital banking why not spend by digital, why worry about being tracked. Facebook, KZbin, instagram, Apple already track what you do/watch

[@sheilaclancy2355]

Digital currency never. It's obvious what will happen, controlled for life.

[@jannetteberends8730]

That was was the result of a deal between the government and the unions to beat unemployment under young people in the eighties. People worked less, but also got payed less. It was the result of the famous polder model. Your remarks about money are utter nonsense. All your bank actions are protected by privacy laws. Only large amount of money transfers in cash are monitored, to track illegal activities.

[@MrDamon888]

Can governments be trusted to give up control? There is no way CBDC will guarantee privacy.

[@goldgeologist5320]

Spain would greatly suffer economically if tourism goes to zero.

[@kokorospirit5006]

Unlikely, there is far too much interest and things to offer compared to other countries.

[@jintsfan]

@@kokorospirit5006You should look at the figures, chum.

[@kokorospirit5006]

@@jintsfan 38.7 million passengers in the first five months of 2024

[@peterellis4982]

Spain should be grateful that uk citizens pack up and bring there weath and pensions and then by home businesses and pending there pensions people go Greek totally better value

[@Sean-h4l]

They should remember the wise saying, "Be careful what you wish for!"

[@paulcavanagh9370]

Hi Stuart. With reference to locals complaining about their beaches. We are currently in Majorca and we have to agree with their concerns. Local government has allowed the massive expansion of private companies sun beds and shades, so much so locals are being priced away from the better areas of their own facilities.

[@deniseg-hill1730]

They can stuff their digital currency. When you pay with cash they dont know where when or what you buy. We have a lot of family businesses in the area i live in in North Germany 9 kms from the sea. The restaurants cafes shops and most of the accommodation are family owned. They like cash.

[@terencejay8845]

That's the point though. The Banks would love to ban cash completely, the Gov would love to be able to track every single person, and have the ability to cut off their finance supply with a click of a mouse. Look what Justin Castroson did in Canada with the truckers; locked their accounts for being 'norty boys'.

[@bobsponge3747]

​@@terencejay8845indeed, UBI is the trap.

[@jintsfan]

Don’t go. They don’t want you in their midst. The fact that it’s not your fault that there are room aplenty in Spain, the British tourist gets the blame: ‘tourists go home’, or even more worrying, ‘tourist go home, we spit in your beer.’ Don’t go.

[@bridiesmith5110]

The Spanish are not complains about tourists. The real problem is Airbnb taking business from hotels.

[@robertwalker1742]

Last year two sun beds and parasol on Son Matias beach 2023, €13_50 price I. 2024, same beach, same beds front line €23_50, or if you want a double bed with canopy, get ready, €70!, yes €70! per visit, no half days no rebate for rain, what the hell is Calvia council doing in Mallorca.

[@harrisonj0679]

20 years a Benidorm regular ❤canaries and Balearics in between after their COVID antics never mind all this I will never put my euros in that country again Cyprus offers better weather a lot warmer welcome Spanish people are miserable sods at the best of times ,hotels there allocate your sun beds to you for your stay so there is no need to put towels out at 5am Spain can do one 👍

[@joebloggs4191]

Some parts of Spain 100% do depend on tourists, very little other industries exist in those places so yes if the tourists stopped coming they would suffer big time but I suspect that despite all the noise the tourists won't stop coming!

[@caymanredman]

CBDC’s will be offered at the beginning with incentives, then slowly but surely they will become more restrictive and control based. Before you know it, new direct taxes, spending limits on certain foods and travel and no savings with time constraints on when you must spend your money.

[@maartenb100]

You’re right that there’a a housing problem in most Western countries, but the reason, and therefore the solutions would be different. Here in Spain it’s tourism, the rest of Europe it’s mass-immigration causing the problem. In Spain, you can’t blame the tourists, they’re just using the opportunity offered them. Laws to favour residents can however be easily made. It would be reasonable to allow property purchases only if you were also actually going to live in/on it. Where I live a good percentage of apartments are empty for most of the year where owners only visit for a few weeks a year. Nice for them of course, but bad for the town and it’s residents.

[@MsElke11]

The irony is, here in Canada, Asian immigrants can afford the expensive housing, which is why I am considering moving to Spain where I could afford the housing!! WORLD CHAIN REACTION!

[@maartenb100]

@@MsElke11 Well, I don’t think there’s much difference between Spain and Canada. Like Canada, there’s plenty of affordable, even cheap housing, but not in the places where you would like to live. 😉

[@MsElke11]

@@maartenb100 it's really all relative to how much you EARN!!

[@davidb8205]

There are multiple reasons for housing problems in western countries. People want to live in some areas and demand is elevated in those. People get divorced commonly and that increases demand. Many people never marry at all, again increasing demand. Life expectancy is at a record high nowadays, increasing demand. People dislike living in high density housing in some places, so lower density housing is what commercial developers can sell. Public housing provision is not what it was a century ago. Yes Airbnb increases demand, yes second homes increase demand, yes rising immigration increases demand. But there is no single scapegoat. People suggesting its just immigration or just Airbnb are ignoring other factors. Perhaps if people spread their activities into those depopulated villages all across Europe, or local authorities built houses again, or everyone didnt just go to Barcelona or Paris on their holidays then pressures might be eased. But its not a simple problem.

[@MsElke11]

@@davidb8205 indeed, there should be INCENTIVES for people to move back to decaying villages. FREE RENOS and JOBS would be some incentives!

[@AndresCanive]

I consider the move of any country's international currency to digital as absolutely terrifying. There have many billion dollar cyber currency losses ranging from theft, mismagement, to failure. Failure of the Euro would be apocalyptic. Luckily, I've eaten small animals and creek water, so hopefully I will survive this apocalypse. Viva La Libertad!

[@philipbalch2248]

Why doesn't someone come clean and lay the blame on the government for not supplying accommodation for locals only as they had in Gran Canaria when I was living there 20 years ago.

[@sly1968si]

Interesting that Spain can reduce / remove VAT from a product just to help out their population when they are in the EU, and yet the UK had no control over VAT according to the Brexiters.

[@bradcobb3418]

a another very informative video Stuart, we've lived near Marbella since 1987 and love our life here,fluent in Andaluz with many Spanish friends, we hate the whole AIR Bn B thing as I've said before and looking forward to it being banned. Only working part time now on pensions we have to "cut our cloth" financially. But will end our days here with all our multinational/european friends.

[@impartial.observer]

RTVE reported that the price of olive oil in Spain has increased by 272% since September 2020, according to the country's agriculture ministry. The price of one liter of non-branded extra virgin olive oil in a supermarket has risen from €3.45 in February 2021, to now €9.46, according to data from Spanish broadcaster RTVE. So, are we supposed to get excited over an average decrease of .50€ cents on the liter of olive oil?

[@markpownall6825]

I live in a small Town on the Costa del Sol. They are building 2, 3 and 4 bedroom apartment here and the prices start at €363,000 to €585,000. I don't know of any local person who can afford the 2 bed apartment. So it seems to me that the builders are aiming at foreign investors from the get go. The Spanish would be better off aiming their criticism at the people making the money who are undoubtedly the Spanish.

[@thomasj5722]

I live on Costa Blanca and i was looking to move to a new place in September, but prices are wild. I know the summer impacts the prices but it looks like i need to do a massive downgrade if i want to move. Someone here making 1300-1500 a month won't even qualify to rent a studio apartment with these prices.

[@anthonyferris8912]

Cheap mass tourism is the business model Spain chose for itself and for very good reasons. It just doesn’t have the pulling power of countries like Italy to take itself up market. Discerning travellers who pay the big bucks, want and expect a lot more than beaches and bars. That’s not to denigrate the country, it's a lovely country, but it has a lot of stronger competitors and that's just how the market is.

[@CarlosRomero-u6h]

The mass tourism model has clearly reached its limit and it shows. It will have to morph into a sustainable new model for all concerned. Adapt or wither I'm afraid and that goes for both providers and consumers.

[@joset.104]

We Spaniards don't hate tourists, we love them, what happens is that we can't put up with more tourism. It is possible that in 2024 more than 100 million tourists will come to Spain and this amount is already intolerable. We don't need more tourists. Many places in Spain are overcrowded and the Spaniards themselves are being kicked out of the city centers. To this we must add that a large number of immigrants are coming to Spain who are having problems finding housing due to the rising cost of housing caused by tourism.

[@tonymcpolin1049]

There is massive issue of illegal immigration in Spain from south America and north Africa. Supply and demand is causing the housing shortage not tourism. Areas with limited tourism also have a housing shortage but obviously the politicians do want to recognise thier own failings.

[@martindouglas9839]

Mil gracias por el vídeo Stuart ,said it before can’t see any way to please everyone ,with the tourism situation

[@michaelholt7994]

It means theyll have to employ more people,like in the rest of Europe,a great deal of more part time working.

[@philelliott5327]

They don't want the tourists but they still need the money. We should just stay home and send the money in envelopes.😂

[@georgewaters7667]

Wait and see what happens to British tourism to Spain next year..all I can say being a Brit myself is that we are very good a voting with our feet.

[@bradcobb3418]

see ya 😂

[@johnlesoudeur3653]

Don't forget to take your shoes off then.

[@robddaniel]

Record bookings again this year.

[@michaeljones3774]

Exactly true & that happened in the early 80s ,when Spain got greedy and raised the tourist accommodation prices & menu del dia & bar prices , following years the Brits booked up for Greece & Yugoslavia & we got better value and cheaper prices & Spain panicked and had to drop the prices again.

[@nickycocreator7694]

English not needed here.. See ya

[@ADF-js9vi]

If working hours are reduced, no one works less they just go into overtime sooner. 🤨

[@Piairom]

Tourism is an industry of peace....no tourism no peace....we must have tourism! 💪🏻

[@ludwikfik4793]

CBDC is a bad idea

[@miercoles-3]

Free paella 🥘 😀

[@daveofyorkshire301]

I thought the average working week was already 35 hours in many EU countries?

[@brianbrown9512]

It is I think. My.old employers at Airbus UK only worked 35hrs/pw

[@daveofyorkshire301]

@@brianbrown9512 I thought it was a general European thing for the definition of full-time.

[@brianbrown9512]

@@daveofyorkshire301 Yeah thats right. I m.sure in the UK it was 39 hours from way back when. Then they brought into law a MAX of 48 hours in late 1990s

[@deniseg-hill1730]

Its the holiday apartments that are empty 90% or the time. I knew familes in London that had holiday flats and spent 5 weeks in the summer in them and the rest of the time they were empty apart from a very occasional check up weekend visit.

[@anthonyferris8912]

@deniseg-hill1730I have a relative who bought a holiday villa in Nerja years ago. His family uses it for friends and family cheap holidays, but along with so many other in the town, it was clearly built as a ‘holiday’ villa and would never work as permanent family dwelling.

[@deniseg-hill1730]

@@anthonyferris8912 theirs was a 3 bed property

[@Paul_C]

No, it is predominantly the housing that is swallowed up by AirBnB. Tourism wrecks the housing market, normally the job aren't the highest paid.

[@waughontheworld6530]

Come on! Spanish business hours a crap already, you never know when you’re open,some have 1 hour lunch, but some have 1.5, some have two and some have three, that then knocks on the closing time, you never when too visit, I can’t believe supermarkets don’t open until 9am, in the uk I’ve been shopping and gone to work by 8am

[@coffermartin77]

When you pronounce "Santander' , the 'er' part of it doesn't sound right. It sounds like you are saying 'there', maybe for the English speakers here that don't speak Spanish to better grasp pronouncing it. I don't know. It's not a big deal but i will admit when Aussies say the word "chorizo" in that pompous tone, it makes me ropeable.

[@ContraryMary]

Don't like the idea of digital currency. No privacy on what you're spending your money on.

[@philipjones9458]

Irish holiday maker found dead covered in bite marks in Magaluf.

[@teddybaker7231]

Orihuela costa where I am, some bar staff do 6pm till 4am 7 days a week, I can’t see these changes being introduced somehow.

[@colincampbell4261]

Employers always complain when workers get benefits.

[@steveelkins52]

Obviously prices wil!l rise to cover this.business always want to suppress wages but not salaries, I think it only fair that workers should not subsidise business profit

[@MartinBelcher]

Meanwhile Greece is raising it's working week to 6 days. I know which I prefer

[@streetcat1510]

Booked this year’s holiday in Portugal.

[@paul-gerard9488]

37.5 hours a week is okay. It all depends how productive you are in that time. Do not forget, that many workers are on an hourly wage, so they lose out.

[@catherinemori4496]

Standard work-week in Canada.

[@michaeljones3774]

40 hours is standard in the UK

[@brianbrown9512]

​@@michaeljones3774 You sure? I ve been left 18 years and it was 39 hrs back then.

[@maskedavenger2578]

@@brianbrown951240 hour standard working week , has been the norm in the U.K for as long as I can remember. There was talk of it being reduced to 37 or 35 hour standard working week in the 1980 ‘s , but that only happened for a minority in reality .

[@brianbrown9512]

@@maskedavenger2578 I was in engineering and it was 39 hours for a long while before I left to go live Overseas in 2007. Airbus, one of my old employers are on 35 hour working week and have been for a few years. Half day Fridays.

[@the-lazy-saint]

i think europeans need a reality check. i just looked on idialista like lets be honest. for $10,000.00 you can buy a rural property in spain/portugal. in the city you can get an apartment from 25,000.00. in australia appartments start at 200,000.00 and homes at 400,000.00. just move away from cities

[@Tasks.]

It's really not as simple as that.

[@the-lazy-saint]

@@Tasks. it is simple. look at me for example im a prime example of multiculturalism. all my family origins are European (spanish-german) but we live in Australia now. our culture striped from us with no identity besides debt but i look at spain and illegal immigrants have more rights then me and my last name is RUIZ-Iraneta. all the worlds problems are fixe when the long lost children return home. further more the british lodges destroy spain

[@Tasks.]

@the-lazy-saint with the greatest respect I don't think you know what your talking about buddy.

[@the-lazy-saint]

@@Tasks. i guess ill try to learn more thanks for being understanding

[@KletoReese]

No one works here in Spain, what in the world are they on about? Reduction in working hours? Lol 😅 Introduction of Digital Currency is a truly bad idea! There is and will be NO PRIVACY!

[@HuSiaCat]

Corruption abounds.

[@paulwhite3489]

Ask yourself this.who benefits from cbdc.who benefits from a cashless society. We all keep the answer.

[@catherinemori4496]

What did employers say when they had to reduce the work day from 12 to 10 hrs a day? 🤪. And when they had to give workers the Saturday off?!

[@catherinemori4496]

Probably the woman should be made to wear a hairshirt and walk the Camino! Barefoot! Like a real pilgrim…..😜

[@catherinemori4496]

VAT on food?

[@Susanj2001]

Yes, here electricity has 21% vat. They are going to put it down to 10%.

[@catherinemori4496]

Electricity isn’t food. 😂. In Canada, there’s tax on electricity but not on foodstuffs.

[@janetlombardi2314]

Thanks Stuart 😊

[@balvirkumar3586]

👍😊🙏

[@sufeeb]

Tourism is approximate 12% of gdp, so it's not the be all and end all but still significant. I can sympathise with locals though, the still want tourists byf just not so much of the 2nd home Airbnb stuff.

[@chrissierichards6802]

Hi Stuart xx

[@craphead9842]

Stu.. In reality bring in this 37.5 hr working week won't make any difference to the working classes because they have to work more just to make ends meet these days... A no brainer really... Tony cuenca

[@butywbrainz]

What nastiness from that hostel owner.

[@Sw33tBabyRays]

Plenty of companies have already reduced work hours with no issue. Microsoft did a trial in Japan with having a 4-day work week and found that productivity increased. This is not a problem.