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> faceless society. I'm sorry, but while I agree with you that it's a violation of property rights, and that concerns me, it isn't in hope of a good faceless s

> faceless society. I'm sorry, but while I agree with you that it's a violation of property rights, and that concerns me, it isn't in hope of a good faceless society. I live in Spain, and the mediterranean coast is completely flooded with investors and foreigners buying property they don't live in, nor they rent for locals. Most of this places are now faceless, souless, tourist traps. My sister inherited a flat in Ibiza, just in the city center, and I wouldn't go to live there no matter what. Nice for a week visit before foreigners flood in, though. Same happend with Barcelona. Locals are being pushed out of the center and there has been years since it doesn't give the same feel as it used to, not to mention that everything feels designed as franchised for foreigners, expensive and increasingly soulless. They retain the architecture so that saves the look & feel of Barcelona, but it isn't anything similar of what used to be. Same with the andalusian coast. More and more towns get investor's money for building resorts and all kind of crap. I'm seeing this getting a little traction in my city, and I'm pretty worried. If that flood of money comes here to hit the property market, I won't be able to match the demand and I'll lose my lifestyle, and be forced to move somewhere else, at least to the outskirts of the city. So if my city council comes with a mechanism to prevent that, I'm gonna be on board, you can be sure of that.

badpun 8y ago
> If that flood of money comes here to hit the property market, I won't be able to match the demand and I'll lose my lifestyle, and be forced to move somewhere else, at least to the outskirts of the city. So if my city council comes with a mechanism to prevent that, I'm gonna be on board, you can be sure of that. You can buy a house now, instead of renting. This way, changes of property values are no longer a concern (unless property taxes are significant in Spain).
- iagovar 8y ago
  I considered it many times, but I'd be very stretched out on money (I won't save that much compared to my current rent, and I'll have to put a lot of money upfront). Also, there's the problem of getting a mortgage, and prices being expensive for our salaries. Decent flats are +200k here. If the same flats were about ~150k I'd give it a thought, but 200k is too much for this place.

badpun 8y ago

> If that flood of money comes here to hit the property market, I won't be able to match the demand and I'll lose my lifestyle, and be forced to move somewhere else, at least to the outskirts of the city. So if my city council comes with a mechanism to prevent that, I'm gonna be on board, you can be sure of that. You can buy a house now, instead of renting. This way, changes of property values are no longer a concern (unless property taxes are significant in Spain).

iagovar 8y ago
I considered it many times, but I'd be very stretched out on money (I won't save that much compared to my current rent, and I'll have to put a lot of money upfront). Also, there's the problem of getting a mortgage, and prices being expensive for our salaries. Decent flats are +200k here. If the same flats were about ~150k I'd give it a thought, but 200k is too much for this place.