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Do Spain's property website algorithms push up prices?

AI Briefing

  • Algorithms on property websites in Spain may be driving up prices by prioritizing luxury listings, creating a self-reinforcing cycle.
  • These algorithms favor properties with high-end features and modern images, which can create unrealistic expectations among buyers.
  • This could lead to a surge in demand for high-end properties, driving up prices and making it less affordable for first-time buyers.
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