Indeed. My girlfriend lives there, last time I was over we went to the big demonstration against mass tourism. I felt a bit sick at the airport listening to all the north European pensioners talking about how they rent a place year round for 800€/month just to spend the odd week now and then there. While many locals working in tourism make minimum wage, around 1300€/month I believe.
Hey that's exactly what my rent / wage split was in the UK last year. The only reason anything got better is that minimum wage went up while my rent hasn't yet.