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I think the goal of the squatters isn’t to own the property, it’s to just get a roof over their heads and extort the owners in the process. They’ve carefully ch
by john_yaya 5y ago
I think the goal of the squatters isn’t to own the property, it’s to just get a roof over their heads and extort the owners in the process. They’ve carefully chosen a legal zone where they have a lot of room to maneuver.
- tecleandor 5y agoMost of the squatters aren't trying to extort, they're just trying to get somewhere to live for free or for cheap. Yeah, some are freeloaders, but lots of them have lost their jobs and/or are suffering the combination of the crisis and the spectacular surge of pricing on real estate this last years. Even with this problems, squatting incidence have been falling on the last 5/10 years.
- slothtrop 5y agoThey squat because houses are nicer and more spacious to live in, not for lack of any place to stay. On top of extortion.
- tecleandor 5y agoI didn't say it's for lack of space, I said it's for a lack of money. In fact, more than 10% of the homes in Spain are vacant. I think you may be talking about your experience in a different country or about a very concrete personal experience, and not in general.
- slothtrop 5y agoFair enough
- toomuchtodo 5y agoCould Spain not increase taxes on vacant/vacation/second home properties to fund efforts to reduce homelessness and provide affordable housing? Some of these folks own two, three, and four homes that are sitting empty.
- spaniard89277 5y agoThey did. Also, municipalities tax by property ownership. They don't do it more because they know most vacant property is owned by regular folks. It's just a supply demand problem here. People in Spain just refuses to believe it because there are some narratives circulating, specially in the left, about how the housing bubble ruined spain so constructing is speculation and bad capitalism yadda yadda. They don't want to hear about public housing neither because "it's expensive" while they advocate for more public spending in other useless stuff. They want price control and such. The whole situation is just so stupid.
- toomuchtodo 5y agoDo you have some citations you could share? I would love to educate myself on the situation in depth.
- spaniard89277 5y agoUff man, I don't know if there's any resource that summarizes any of this, or at least I don't know any. Do you read spanish? I may find something for you, but probably not soon.
- toomuchtodo 5y agoI do. No rush. Thank you.
- tecleandor 5y agoAFAIK only Cataluña applied taxes to empty houses [1]. I don't know how is it going. And there are no national laws, it's still a proposal [2]. I don't think there's a supply problem that would be fixed with new buildings. Last governmental statistics shown that there were at least 3.4 million empty homes [3]. Statistics coming from the private sector (real estate agencies, and a private university) this year, they calculated a 10% of vacant homes nationally [4]. That's a lot. I think there are no good statistics on the quantity of homes that are owned by "regular folks". Also, what's a "regular folk"? Is my landlord, who owns more than 50 apartments in top notch locations, a "regular folk"? (Not counting on the illegal things he's done) That's why you can't only focus on big companies, like Blackstone (they own 20 billion € in real state just in Spain [5]). A study that has been making the rounds this year on all the economic press [6](pages 22 and 25) has been used, wrongly, to show that "big landlords" only (hah, only) own 4% of all the rental homes in Spain. But if you check the list, it only shows the top 40 companies, being the number 40 in the list owner of 121 homes. Also, I don't see any private owners. Do you stop being a "big landlord" if you "only" own less than 121 homes? I can't see my landlord in the list. Truth is, there are empty houses. The rental pricing rise doesn't correlate to salary rises, specially in big cities like Madrid or Barcelona. In less than 5 years (that's the time I stayed in my last apartment) I've seen prices rise 30 to 40% in Madrid. Before COVID AirBnB didn't help either [7], and 30% AirBnB owners were proprietors of at least 5 houses [8], so, pure speculation. And although people (specially those who can WFH) have been leaving Madrid after COVID, rental prices haven't lowered that much[9]. Sorry for the long rant and my terrible English. 1: https://atc.gencat.cat/es/tributs/impost-habitatges-buits/ https://atc.gencat.cat/es/tributs/impost-habitatges-buits/ 2: https://www.eleconomista.es/vivienda/noticias/11325256/07/21/Viviendas-vacias-como-se-detectaran-y-que-impuestos-tendra-que-pagar-el-propietario.html https://www.eleconomista.es/vivienda/noticias/11325256/07/21... 3: https://www.europapress.es/economia/noticia-cuantas-viviendas-vacias-hay-espana-20180927102515.html https://www.europapress.es/economia/noticia-cuantas-vivienda... 4: https://cincodias.elpais.com/cincodias/2021/02/02/economia/1612286573_991523.html https://cincodias.elpais.com/cincodias/2021/02/02/economia/1... 5: https://cincodias.elpais.com/cincodias/2018/09/17/companias/1537208709_558520.html https://cincodias.elpais.com/cincodias/2018/09/17/companias/... 6: https://atlas-reanalytics.com/wp-content/uploads/Estado-y-tendencias-del-BTR-by-Atlas.pdf https://atlas-reanalytics.com/wp-content/uploads/Estado-y-te... 7: https://www.eldiario.es/economia/concentracion-airbnb-manzana-viviendas-vacacional_1_1961096.html https://www.eldiario.es/economia/concentracion-airbnb-manzan... 8: https://www.eldiario.es/economia/airbnb-espana-anfitriones-gestionan-alojamientos_1_1973028.html https://www.eldiario.es/economia/airbnb-espana-anfitriones-g... 9: https://www.20minutos.es/noticia/4639918/0/el-precio-del-alquiler-se-hunde-un-14-en-barcelona-y-un-10-en-madrid-tras-un-ano-de-covid-pero-sube-en-media-espana/ https://www.20minutos.es/noticia/4639918/0/el-precio-del-alq...
- seoaeu 5y agoInteresting hearing the situation in Spain! In the US, you sometimes see arguments centered around there being lots of vacant housing, but they usually neglect to mention that a significant majority of those units are actually either (a) so rundown they're actually uninhabitable, (b) empty for a month or two between when the old tenants leave and the new tenants move in, or (c) in middle-of-nowhere cities/towns that don't have any jobs.
- llampx 5y ago> Most of the squatters aren't trying to extort, they're just trying to get somewhere to live for free or for cheap. Yeah, some are freeloaders, but lots of them have lost their jobs and/or are suffering the combination of the crisis and the spectacular surge of pricing on real estate this last years. So much speculation. Do you have any proof for these claims?