Report
Tenerife’s holiday rental boom has reportedly priced many locals out of the housing market
Unreported World says shanty towns are appearing across Tenerife, where tourism makes up more than a third of the economy.
TLDR
Unreported World says tourism makes up more than a third of Tenerife’s economy, but the holiday rental boom has priced many locals out of the housing market. It says shanty towns are appearing across the island.
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