Evictions
#16
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I said under offer for the very reason you point out, i.e. it could be sold then wrecked, but if a serious offer is in place, they go and then surveryor comes in and its a yes or no.
You could not do this in the UK as there is a shortage of housing.
My home was empty for 18 months, my choice but the council wrote to me and said they would start making forcible threats if I left it that way, for now its tenanted. I guess it depends on councils too.
Last edited by andyrich666; May 29th 2014 at 2:20 am.
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#17
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No, no, no, no
The "Loan" from the EU wasnt even paid, it was an insurance but it didnt actually go to the banks, it stayed firmly in Brussels
The banks have to sell the properties close to the price they say they are worth on the balance sheets. Every year or two, they are "made" to readjust their values, but given that most of them havent sold yet, I would say they are still way overvalued
There is always a buyer at the right price
The "Loan" from the EU wasnt even paid, it was an insurance but it didnt actually go to the banks, it stayed firmly in Brussels
The banks have to sell the properties close to the price they say they are worth on the balance sheets. Every year or two, they are "made" to readjust their values, but given that most of them havent sold yet, I would say they are still way overvalued
There is always a buyer at the right price
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#18
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#19
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Well, if the government were able to take my property for the "common good", then I (and a few million others) will be packin' it up and going somewhere that they can't take my property away from me.
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#20
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Although the 3.4 million properties might be classed as "empty", every single one of them is owned.
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Nobody will buy a house if the owners are still in it and need to be evicted forcefully
Saying that, these houses will be empty unless the banks reduce the prices to a market price - but then that would bankrupt the banks, and the country...
First and foremost, this crisis in Spain is a housing and credit crisis. They gave out too much credit and put too high prices on too much housing so the market was flooded with capital which then kept the rest of the economy soaring
A complete false economy
Btw, the story in the UK isnt so different. The way prices are rising now in the UK, it could be in Spain's position sooner or later
Saying that, these houses will be empty unless the banks reduce the prices to a market price - but then that would bankrupt the banks, and the country...
First and foremost, this crisis in Spain is a housing and credit crisis. They gave out too much credit and put too high prices on too much housing so the market was flooded with capital which then kept the rest of the economy soaring
A complete false economy
Btw, the story in the UK isnt so different. The way prices are rising now in the UK, it could be in Spain's position sooner or later
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#22
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It is the Spanish empty houses which are standing idle, doing nobody any good. The UK houses are nearly all doing something for somebody either making them money, or waiting for them to go on holiday in them.
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Forgive me if I've misunderstood but according to the article in the OP there are 3.4 million empty houses in Spain but only 700,000 in the UK.
It is the Spanish empty houses which are standing idle, doing nobody any good. The UK houses are nearly all doing something for somebody either making them money, or waiting for them to go on holiday in them.
It is the Spanish empty houses which are standing idle, doing nobody any good. The UK houses are nearly all doing something for somebody either making them money, or waiting for them to go on holiday in them.
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#24
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Just thought I'd leave it to you guys to come up with some bright ideas that I can forward to Mr Rajoy.
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Bit of bother here regarding an eviction.
http://elpais.com/elpais/2014/05/29/...81_902514.html
Squatters moved into an old transport building 17 years ago and eventually turned it into what is described as a Social and Cultural centre.
Since they were recently evicted, simply so it can be demolished, there have been some pretty nasty riots every night in Barcelona, as well as protests in other cities.
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#25
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Forgive me if I've misunderstood but according to the article in the OP there are 3.4 million empty houses in Spain but only 700,000 in the UK.
It is the Spanish empty houses which are standing idle, doing nobody any good. The UK houses are nearly all doing something for somebody either making them money, or waiting for them to go on holiday in them.
It is the Spanish empty houses which are standing idle, doing nobody any good. The UK houses are nearly all doing something for somebody either making them money, or waiting for them to go on holiday in them.
Both have owners, both attract local taxes on the property, electricity and water standing charges, and maintenance costs. In neither case can the authorities put homeless families into them without the permission of the owner and some form of rent being paid.
How can an empty British property be making money for its owner, but a Spanish one can't ? How can an empty British property be waiting for someone to go on holiday in it but a Spanish one can't ?
I live in an urbanizacion where more than half the houses stand empty and are only occupied during long weekends and August. When they do sell, these houses sell at many multiples the cost of building them.
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I'm not suggesting anything.
Just thought I'd leave it to you guys to come up with some bright ideas that I can forward to Mr Rajoy.![Wink](https://britishexpats.com/forum/images/smilies/wink.gif)
Bit of bother here regarding an eviction.
http://elpais.com/elpais/2014/05/29/...81_902514.html
Squatters moved into an old transport building 17 years ago and eventually turned it into what is described as a Social and Cultural centre.
Since they were recently evicted, simply so it can be demolished, there have been some pretty nasty riots every night in Barcelona, as well as protests in other cities.
Just thought I'd leave it to you guys to come up with some bright ideas that I can forward to Mr Rajoy.
![Wink](https://britishexpats.com/forum/images/smilies/wink.gif)
Bit of bother here regarding an eviction.
http://elpais.com/elpais/2014/05/29/...81_902514.html
Squatters moved into an old transport building 17 years ago and eventually turned it into what is described as a Social and Cultural centre.
Since they were recently evicted, simply so it can be demolished, there have been some pretty nasty riots every night in Barcelona, as well as protests in other cities.
No, you never do, do you ?
You just like to shine a spotlight on anything bad about Spain.
Pure Schadenfreude.
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Funny how people are quick to comment before even reading linked articles....and reading in between the lines.
Happens in all discussion forums all the time. :-(
Happens in all discussion forums all the time. :-(
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