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RE: House, Apartment, Studio, Room... Street? .:. Late Night Blogging

Retirement homes are a good option for those who want to live there, but there should be a choice too... Also, if those homes are affordable to everyone, that's not a bad scenario that you said... If not, I wouldn't be in the skin of a retired person who sold their house and can't pay a retirement home anymore...

You mentioned regulations keeping the market stuck... I would rather go in that direction to solve the issue, as blaming older people isn't a good way to do things... We will be old one day too... and maybe not willing to go to the retirement home... 😃

After deeper research, I found the information that 30% of Spanish banks' portfolio is in real estate... I think that we know who to blame for the "price bubble" here in Spain, as they don't put their real estate on sale... That's a lot of "locked" homes, which could host many citizens...

All in all, I do believe it's an artificial bubble created by banks and big investors... Controlling the offer, they push the price up...

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Oh, I don't blame the elderly. There are just no sufficient places for them to move into, so even if they want to move, they can't.

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