Real estate speculation means that housing in Spain is now a luxury good. Sales and rental prices have skyrocketed in the last four decades, making them unaffordable for the majority of the Spanish population. 

However, those foreigners who are not residents in Spain, buying an average home, have had automatic access to legal residence in Spain. 

A single law would be enough to limit the price of housing and thus solve the problem, as was done in 1966, but the globalist ruling class is getting rich in part thanks to the precariousness of Spanish households. 

Social housing in Spain has been given away to the Vulture Funds that have systematically dedicated themselves to evicting the most needy people in order to speculate on the properties.

In fact, the United Nations (UN) itself has accused several European countries of not respecting the human right to housing of their citizens, allowing the world’s largest Vulture Fund, Blackstone, to prey on the Spanish real estate sector and part of the European one.

The great increase in the price of housing in Spain occurred from 1985, when with the Urban Leases Law of the socialist minister Miguel Boyer, prices were liberalized and they skyrocketed without any control and were also destabilized, since they make a basic good such as housing,  a very volatile asset, subject to tremendous ups and downs.

Since the banking crisis of 2012, the Vulture Funds have entered Spain en masse through the Tax Havens, to basically acquire unpaid bank debts at a bargain price and then execute the mortgage guarantees and thus keep the properties, evicting the most vulnerable groups in Spain.

Through corporate entities called REITs, which entail significant tax privileges, the Vulture Funds have been hoarding thousands and thousands of social housing units and there are no rules for the defence and protection of competition that they have not violated, such as those relating to anti-competitive concentration, abuse of a dominant position, collusive practices, etc.  and even the receipt of public aid for their speculative purposes, without either the Spanish or European authorities having done anything to prevent it.

Today we are once again at the gates of a new real estate crisis without effective measures being adopted to put a stop to it, because in the rubble of the Unipolar World only speculation and usury of the Vulture Funds rule while the streets in Spain are filled with homeless men and women, who wander between precariousness and dehumanizing globalist madness.