Ibiza locals dwelling in vehicles as occasion island sees rents soar

With a inhabitants of simply 160,000, Ibiza obtained near 4 million vacationers final 12 months, a brand new report, and 84% of its financial exercise is linked to tourism, in keeping with the native authorities. Whereas its motels, eating places and golf equipment present loads of employment, a big portion of its housing is just out there at short-term vacationer charges, and native staff are priced out of the market.