Majorca has launched a fresh attack on foreigners in an attempt to restrict their purchasing of homes in the Balearic Islands. The centre-right El Pi party is set to present a motion for the Council of Mallorca to urge the Spanish Government to push the EU into creating a special legal regime for the archipelago that would put limitations on home purchases by foreign individuals and companies. The regionalist party, which is fighting to manage the impact of tourism and promote local wellbeing and holds a significant influence at the municipal level in Majorca, has highlighted that 20 years ago, 64% of homes in the Balearics belonged to single owners, while 36% were owned by companies or individuals with multiple properties. However, these figures have now changed to 54% and 46%, respectively. This data, the party has argued, demonstrates a loss of purchasing power and residential autonomy for families and citizens of one of Spain’s most popular tourist hotspots. This issue no longer affects young people, but also families, separated individuals, and workers who are unable to …