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But we saved everything 🙂.
Landlords in Madrid and Barcelona are now screening renters, according to Luis Garicano. Garicano stated that, as a direct outcome of rent control policies, the most vulnerable individuals—who are ostensibly protected by the legislation—are, in reality, excluded from the rental market if they cannot be evicted for non-payment.
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Garicano has commented on a range of economic and policy issues in recent months. He previously argued that chef José Andrés offers clear explanations of economic topics relevant for lawmakers in a recent analysis. In another note, he assessed that AI-related data center investments would require annual revenue equal to about 9.2% of projected 2032 GDP for owners to break even, according to his estimates.