Re:Squatting in Spain: Understanding Spain's "okupas" problem
by carlosjobim on Thursday June 06, 2024 @05:20PM
(#40602555)
If letting becomes a bad return on money, leaving the house empty is an even worse return of money. So you sell, and thereby get money for better investments, while at the same time the house gets an owner tenant. Real estate is fixed and cannot be physically transferred.
As for apartments, they will still be financed by people who intend to live in them. Removing the landlord removes a huge margin, because you're nourishing a stranger.
Re:Squatting in Spain: Understanding Spain's "okupas" problem
by zrn900 on Thursday June 06, 2024 @07:40PM
(#40603725)
> Making renting riskier doesn't inherently make property less expensive
It did that here.
> A more likely outcome
You are literally making up stuff and preaching a false reality as you go. No wonder how the US housing market got shafted - seeing what kind of mentality you people subscribe to.
Re:Squatting in Spain: Understanding Spain's "okupas" problem
by Manuel_D on Friday June 07, 2024 @01:17PM
(#40610693)
If rents went down, it wasn't because renting became riskier. By definition that's going to raise rents.
More likely it's other factors like remote works becoming less common once covid subsided.
Re:Squatting in Spain: Understanding Spain's "okupas" problem
by harperlee on Friday June 07, 2024 @04:58AM
(#40606724)
At the end of the day, all of this discussion does not detract anything from my original point:
> You would be surprised about the sheer number of spaniards that would welcome this second-order effect.
Lots of spaniards would clap at this, even if they're mistaken (what your arguing for). So peter335's argument would not be listened to.
A more likely outcome is that condos and houses get more expensive because of the shortage of apartments. And fewer apartments get built because investors know that they will not be able to kick out squatters.