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"Paola Minoia, a geography professor in Helsinki, told me that in Venice it often makes more economic sense to own a rental apartment than to work, since revenues from rentals are taxed at a far lower rate than income. The anti-tourism protests of Barcelona recently spread to Venice, where in a couple of locations the city had installed metal gateways that can be locked when too many visitors show up. Venetians protested the move, calling it a capitulation to the pressure of tourism rather than a solution to it."

Period29 Apr 2019

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