Brussels hits back at Balearics over plan to curb foreign property ownership
European Union slams plan
You can't do it, was the European Union's reaction to plans by some political groups in the Balearics to attempt to curb the sale of homes to non-residents and foreigners. Brussels effectively knocked the plan into touch stating that a freeze of this type could only be introduced for reasons of national security and public interest. Obviously, this is not the case in the Balearics.
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Well done the EU. Mallorca's politicians need to be slapped down hard. It is entirely their fault they didn't build affordable homes.