Spanish Prime Minister Pedro Sánchez has proposed a 100% tax on properties purchased by non-EU residents, aiming to combat soaring housing costs and rising rents. Measures also include building public housing, higher taxes on short-term rentals, and support for landlords offering affordable options. The government faces uncertainty in passing these reforms in Parliament amid rising public discontent about the affordability crisis largely fueled by mass tourism. Sánchez emphasizes the need for housing to serve people, not just as financial investments, as Spain grapples with significant rental price hikes and affordability challenges in major cities.