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The Spanish mortgage crisis: Evidence of the concentration of foreclosures in the most deprived neighbourhoods

  • Dades identificatives

    Identificador: imarina:5130737
    Autors:
    Gutierrez, AaronDomenech, Antoni
    Resum:
    The Spanish mortgage crisis has resulted in a massive process of home dispossession through foreclosures. This process forms part of the logics of accumulation by dispossession supported by the Spanish financial and real estate model. The article uses the city of Lleida as case study to show that the effects of this phenomenon has tended not to be spatially homogenous, but rather to be more concentrated in the most deprived urban areas. The analysis has been focused on two approaches: (1) identifying the characteristics of housing affected by foreclosure processes that have resulted in evictions, and; (2) defining the spatial distribution patterns of this housing. This work demonstrates how evictions due to mortgage foreclosures have followed very clear patterns. Firstly, they have predominantly been focused on lower quality housing (identified in this study as the cheapest and smallest properties). Secondly, Getis-Ord Gi* spatial statistic has been used to show that they have been concentrated in the most deprived areas of the city. Both issues confirm the central hypothesis of our study: the Spanish mortgage crisis has exacerbated existing urban disparities.
  • Altres:

    Autor segons l'article: Gutierrez, Aaron; Domenech, Antoni;
    Departament: Geografia
    Autor/s de la URV: Gutiérrez Palomero, Aaron
    Paraules clau: Mortgage crisis Housing Foreclosures Evictions Deprived neighbourhoods
    Resum: The Spanish mortgage crisis has resulted in a massive process of home dispossession through foreclosures. This process forms part of the logics of accumulation by dispossession supported by the Spanish financial and real estate model. The article uses the city of Lleida as case study to show that the effects of this phenomenon has tended not to be spatially homogenous, but rather to be more concentrated in the most deprived urban areas. The analysis has been focused on two approaches: (1) identifying the characteristics of housing affected by foreclosure processes that have resulted in evictions, and; (2) defining the spatial distribution patterns of this housing. This work demonstrates how evictions due to mortgage foreclosures have followed very clear patterns. Firstly, they have predominantly been focused on lower quality housing (identified in this study as the cheapest and smallest properties). Secondly, Getis-Ord Gi* spatial statistic has been used to show that they have been concentrated in the most deprived areas of the city. Both issues confirm the central hypothesis of our study: the Spanish mortgage crisis has exacerbated existing urban disparities.
    Grup de recerca: GRATET. Anàlisi Territorial i Estudis Turístics
    Àrees temàtiques: Social sciences (miscellaneous) Social sciences (all) Historia Geosciences, multidisciplinary Geography, physical Geography Geografia i urbanisme Geografía Geociências General energy General earth and planetary sciences Energy (miscellaneous) Ecology Earth and planetary sciences (miscellaneous) Earth and planetary sciences (all) Ciencias sociales Atmospheric science
    Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
    ISSN: 00139998
    Adreça de correu electrònic de l'autor: aaron.gutierrez@urv.cat
    Identificador de l'autor: 0000-0003-0557-6319
    Data d'alta del registre: 2024-09-07
    Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
    Enllaç font original: https://www.die-erde.org/index.php/die-erde/article/view/295
    URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referència a l'article segons font original: Erde. 148 (1): 39-57
    Referència de l'ítem segons les normes APA: Gutierrez, Aaron; Domenech, Antoni; (2017). The Spanish mortgage crisis: Evidence of the concentration of foreclosures in the most deprived neighbourhoods. Erde, 148(1), 39-57. DOI: 10.12854/erde-148-29
    DOI de l'article: 10.12854/erde-148-29
    Entitat: Universitat Rovira i Virgili
    Any de publicació de la revista: 2017
    Tipus de publicació: Journal Publications
  • Paraules clau:

    Atmospheric Science,Earth and Planetary Sciences (Miscellaneous),Ecology,Energy (Miscellaneous),Geography,Geography, Physical,Geosciences, Multidisciplinary,Social Sciences (Miscellaneous)
    Mortgage crisis
    Housing
    Foreclosures
    Evictions
    Deprived neighbourhoods
    Social sciences (miscellaneous)
    Social sciences (all)
    Historia
    Geosciences, multidisciplinary
    Geography, physical
    Geography
    Geografia i urbanisme
    Geografía
    Geociências
    General energy
    General earth and planetary sciences
    Energy (miscellaneous)
    Ecology
    Earth and planetary sciences (miscellaneous)
    Earth and planetary sciences (all)
    Ciencias sociales
    Atmospheric science
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