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A comment on Billions in Dirty Cash Helped Fuel Vancouver's Housing Boom. Parent comment

Re:Billions in Dirty Cash Helped Fuel Vancouver's Housing Boom by jseliger on Friday May 10, 2019 @10:44AM (#19878224)
Prices in central Madrid are vastly inflated because they are buying left and right, sometimes paying more than market price.

More likely, central Madrid enacts zoning policies that prevent supply from rising to meet demand, thus resulting in price increases: https://www.vox.com/policy-and-politics/2018/9/24/17896482/b...

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Re:Billions in Dirty Cash Helped Fuel Vancouver's Housing Boom by fabiandesimone on Friday May 10, 2019 @02:42PM (#19880879)
The issue you point out is relatively new. I'm talking about prices rising for the last 2-3 years in very specific zones of Madrid (Barrio Salamanca for example).
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