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"A responsibility for facilitating access to housing" - Balearic court rules in favour of expropriating banks' empty flats
The current Balearic government is expected to include this form of expropriation in new housing legislation.
Andrew Ede30/07/2024 07:25 Banks selling empty properties rather than letting the government have them
Under half the registered number of empty properties there were two years ago.
Expropriation of apartments could result in lower rents
The Balearic government will expropriate 56 apartments belonging to banks and real-estate firms.
Housing
Over 3,000 flats to become social rented accommodation
The public will be able to formally denounce owners for failing to abide by the regulation.