[jopicornell]

In my hometown, Palma, in Mallorca, I live in a street where 50% of houses are owned by foreign people or investors/airbnb. The neighborhood is not 50% but not that low.

The problem? Prices skyrocketed, like a 10x in 10 years (for big houses, small houses 4x). I hear more english/german/sweedish than spanish (or catalan) in my dog walks.

Besides economic implications (a lot for local people trying to find places to live), there are cultural/social implications. The neighborhood used to be a community, where people were open to help and share. Now this is changing and evolving into an individualist neighborhood.

Our oficial language is being minoritized even more. This doesn't seem like the neighborhood we used to live on.

Not everything is economy. The intangible heritage is something we should take care more.