Re:Squatters in Spain who demand a "ransom" before they will...
by cortesoft on Thursday August 26, 2021 @05:13PM
(#28320861)
> but why leave a flat in town empty?
In places with rapidly rising housing prices and strict rent control, it would be better for a speculator to hold the property empty rather than rent it. If you rent it, you lock in the rental price, even if prices go up a lot. If you keep it empty, you can wait until it appreciates the amount you want, and then rent or sell it.
In places with rapidly rising housing prices and strict rent control, it would be better for a speculator to hold the property empty rather than rent it. If you rent it, you lock in the rental price, even if prices go up a lot. If you keep it empty, you can wait until it appreciates the amount you want, and then rent or sell it.