Economy - Finance > House

Spanish renters are declaring 'war' on the American investors that bought up all the apartments in their neighborhoods

4 days ago   |   By Business Insider

Barcelona, Spain. Nicolas Le Maire Dit Bellegarde / EyeEm
US private equity firms that own property in Spain have been evicting residents during the pandemic, the NYT reports.
Tenants and housing activists have declared "war," protesting evictions by squatting in apartments.
They argue that the investment firms have been profiting off the economic strain caused by the pandemic.
Renters who can't afford to pay their landlords are being evicted, and they're furious about it. They're especially mad that their landlord is a large investment firm headquartered in Wall Street. But what if I told...
Read more ...

 


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