✉news BusinessReal Estate first seen 19 h ago, last 4 h ago, peak #6
Spain moves to ban vulture funds from housing market
Original: Spain seeks to ban ‘vulture funds’ from housing market
Spain is seeking to ban so-called vulture funds from its housing market, according to the Financial Times. The move targets investment funds that buy distressed property to profit from resales or rents. It comes amid ongoing pressure over housing affordability and evictions, which have made real estate speculation a politically charged issue in Spain.
Why now: Housing affordability is a major political issue in Spain, and restrictions on speculative funds affect renters, homeowners and investors.
Spainvulture fundsFinancial Times
Evidence
- Spain seeks to ban ‘vulture funds’ from housing market · Financial Times
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