Thank you to Reuters and NBC News for the Headline.
Pleased to say that Spain’s coalition government are working together to stop “Vulture” funds ie. private funds that buys housing for speculation. At the moment the definition only applies to large funds, however , as Urbagestión is a relative small player in the field that it may prove difficult to get an agreement, as many property owners will fall into the small player category.
However, we all know that charging someone double the rent or indeed outpricing property in the local area just to remove a tennant of long standing and good reputation is wrong. So hopefully common sense will prevail and perhaps the tennants circumstances should be considered.
Senora Maricarmen Abascal , I hope returns to her ‘home’ and perhaps the Government will acknowledge the role of a proper ‘home’ in people’s lives,
Namaste and Thank You for Reading.🙏
