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I have seen some apartment being severely reduced because they are under occupation (makes sense since the buyer buys an apartment they cant even go into withou
by victorbjorklund 2y ago
I have seen some apartment being severely reduced because they are under occupation (makes sense since the buyer buys an apartment they cant even go into without a multi-year legal process). I wonder if it ever happens that people occupy an apartment only to get the owner to sell for cheap and then they (or their friend) buys the apartment for cheap?
- southerntofu 2y agoI've never heard of something like this. It's not exactly like squatters are millionaires trying to save on rent to buy more champagne... I'm not saying this has never existed, there's probably an outlier somewhere. What does exist for sure and is publicly advertised is companies like the original article trying to make owners desperate about squatters so they will sell their property for cheap. For example here in France, "Squat Solutions" has been doing this for years, buying property for ~10% of market price because of squatters, after convincing the owners they had already lost everything.
- victorbjorklund 2y agoYea I didnt mean real squatters being the buyers. More like A who is a company/or rich person pays person B to go and squat in person Cs house. Then A goes to C and say "Ill buy your house for 10% of market value" and then the sale is done B leaves and C sells it at marketprice for a huge profit. And A and B just start the cycle again