rental

How Spain’s rent control is failing locals

Lifestyle & Belief

A one-year-old law in Spain meant to control soaring home rental prices has had the opposite effect: Prices have continued to climb. It’s part of a trend going back a couple of decades now. But this year alone, in some cities, rents have jumped by more than 20%. Experts – and renters – say finding an affordable place to live is now next to impossible. The World’s Gerry Hadden reports from Barcelona on why Spain’s rent control law has backfired.

Portrait of man sitting on sofa

For refugees in Seattle, rising rents mean the search for home isn’t over

Economics
Toyota recently announced a new product that would, essentially, let car drivers hand over their keys (or access to their vehicles) to other drivers, via smartphones.

Automakers are betting that in the near future, we’ll be willing to rent our cars to strangers

Business