> *Can tourism be A PART of a healthy economy ? Sure. But it shouldn’t be in cha... | Hacker News

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JumpCrisscross 7 months ago | parent | context | favorite | on: Barcelona will eliminate tourist apartments

> Can tourism be A PART of a healthy economy ? Sure. But it shouldn’t be in charge of that economy

This is true of any sector. New York get volatile when over-reliant on FIRE; San Francisco goes into a depression when valuations dip.

Also, this is a story about Barcelona. An industrial city. Tourism is a minority.

kranke155 7 months ago [–]

Tourism has widely distorted market prices for housing and accommodation in Barcelona however. Proving it can have very nefarious effects even in relatively diverse economies.

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