They only have the funds to do that because of wealth inequality. This is downstream of the massive growth in inequality.
Needs a wealth tax. Make holding more than 10m euros worth of property a yearly expense and the foreign speculators will invest elsewhere, and prices will come down.
They only have the funds to do that because of wealth inequality. This is downstream of the massive growth in inequality.
Needs a wealth tax. Make holding more than 10m euros worth of property a yearly expense and the foreign speculators will invest elsewhere, and prices will come down.
Also the spanish budget will get a break.