top | item 40599456

(no title)

solids | 1 year ago

Maybe the housing crisis is related to the lack of legal security that owners have, which severely reduced the offer and obviously increased the prices.

The housing law that the current government passed wasn’t very clever…

discuss

order

kerkeslager|1 year ago

Wait so lack of legal security reduced supply... by what mechanism? How do you think this works?

petre|1 year ago

Your apartment is being squatted and you're selling it at a discount, not being prepared to navigate the legal landscape. The buyers evict the squatters, fix it up and list it at a higher than market price. They do this as a commercial enterprise.

HDThoreaun|1 year ago

Why would you build new housing when someone can waltz in and change the locks and youre shit out of luck?

zxspectrum1982|1 year ago

Pal, you don't understand how the market, or even real life, works.

misja111|1 year ago

You were downvoted but you're hitting the nail on the head.

The housing problem is an issue of supply and demand. Currently demand is bigger than supply and that leads to problems, no matter what you do. Either renting prices go up until many people can't afford to rent anymore, or if some law is put into place such as restricting rents or reducing owners' rights, supply will become even smaller and demand even bigger.

To solve the housing crisis the government has to either decrease demand or increase supply, or both.

ghostDancer|1 year ago

In Spain there are lots of empty apartments, from the bubble and IIRC are more than 2 million empty , but prices are still going up, most of the market is on the hands of foreign funds who are emptying the cities with their prices. There's a lot of speculation with housing in Spain. Not to talk about the campaign in the media about squatting, sowing fear continuously. The supply is artificially being held by the owners.