✉news BusinessReal Estate first seen 9 h ago, last 54 min 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 cheaply and profit from resales or rent hikes, a practice blamed for worsening housing affordability. Spain has faced growing pressure over a rental and housing crisis, making curbs on foreign financial investors an increasingly prominent political issue.
Why now: Spain's housing affordability crisis has put pressure on the government to act against speculative investment funds.
Spainvulture fundsFinancial Times
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- Spain seeks to ban ‘vulture funds’ from housing market · Financial Times
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