Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis

Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis

The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.
Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts

Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.