Right now, the tiny Principality of Andorra is undergoing what could be Europe’s strangest housing crisis.
A mountainous microstate wedged between France and Spain, Andorra is a landlocked pocket known for duty-free shopping and beginner-friendly ski slopes. The state’s low taxes and high levels of banking secrecy have made it a powerful magnet for super-wealthy home buyers and renters.
Source link : https://www.bloomberg.com/news/articles/2023-09-28/andorra-tries-to-head-off-a-youtuber-fueled-housing-crunch
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Publish date : 2023-09-27 07:00:00
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