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Who Owns Palma? When Luxury Quietly Repaints the Working-Class Neighborhoods

Policy Options for More Affordable Housing in Palma

Palma could use conversion rules, vacancy taxes and cooperative housing to protect affordability.

Published: April 22, 2026
Who Owns Palma? When Luxury Quietly Repaints the Working-Class Neighborhoods

Answer

What policy tools could help keep Palma’s housing more affordable?

Possible tools include stricter conversion rules, vacancy or misuse taxes, and stronger support for social housing. Local authorities could also use priority rules for residents, pre-emptive purchase rights and alternative ownership models such as cooperatives. None of these solves the problem alone, but together they could slow displacement.

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