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Scenarios post foreclosure crisis in catalonia: Accumulation of housing by banks as the first step for the rise of large private landlords

  • Dades identificatives

    Identificador: imarina:9220638
    Autors:
    Domènech AGutiérrez AArauzo-Carod JM
    Resum:
    Summary: The article analyses the uneven geography of foreclosed housing owned by large private landlords in Catalonia. A Negative Binomial Model is applied to identify the local determinants of the concentration patterns of 32,941 housing units in Catalan cities. Indicators of socioeconomic vulnerability, such as the percentage of foreign population or the percentage of unemployed residents, are identified as key explanatory factors of the regional geography of housing accumulated by banks which, in turn, correspond to areas in which global corporate landlords are focusing their business for profiteering from the rental market in the current expansionist phase of the housing cycle. Our findings demonstrate that the concentration of properties in the most vulnerable areas was fuelled by foreclosures responsibility of banks rescued with public funds. In tandem, we provide detailed information for the understanding of the new scenarios that have emerged during the post-crisis phase.
  • Altres:

    Autor segons l'article: Domènech A; Gutiérrez A; Arauzo-Carod JM
    Departament: Economia
    Autor/s de la URV: Arauzo Carod, Josep Maria / Gutiérrez Palomero, Aaron
    Paraules clau: Housing crisis Foreclosures Evictions Corporate landlords Catalonia spain housing crisis geographies evictions dispossession corporate landlords catalonia
    Resum: Summary: The article analyses the uneven geography of foreclosed housing owned by large private landlords in Catalonia. A Negative Binomial Model is applied to identify the local determinants of the concentration patterns of 32,941 housing units in Catalan cities. Indicators of socioeconomic vulnerability, such as the percentage of foreign population or the percentage of unemployed residents, are identified as key explanatory factors of the regional geography of housing accumulated by banks which, in turn, correspond to areas in which global corporate landlords are focusing their business for profiteering from the rental market in the current expansionist phase of the housing cycle. Our findings demonstrate that the concentration of properties in the most vulnerable areas was fuelled by foreclosures responsibility of banks rescued with public funds. In tandem, we provide detailed information for the understanding of the new scenarios that have emerged during the post-crisis phase.
    Àrees temàtiques: Geology Geography, planning and development Geography, physical Geography Geografia i urbanisme Geografía General earth and planetary sciences Ecology Earth and planetary sciences (miscellaneous) Earth and planetary sciences (all) Ciencias sociales Biodiversidade
    Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
    Adreça de correu electrònic de l'autor: aaron.gutierrez@urv.cat josepmaria.arauzo@urv.cat
    Identificador de l'autor: 0000-0003-0557-6319 0000-0002-3801-223X
    Data d'alta del registre: 2024-07-27
    Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
    Enllaç font original: https://www.erdkunde.uni-bonn.de/archive/2021/scenarios-post-foreclosure-crisis-in-catalonia-accumulation-of-housing-by-banks-as-the-first-step-for-the-rise-of-large-private-landlords
    URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referència a l'article segons font original: Erdkunde. 75 (2): 105-120
    Referència de l'ítem segons les normes APA: Domènech A; Gutiérrez A; Arauzo-Carod JM (2021). Scenarios post foreclosure crisis in catalonia: Accumulation of housing by banks as the first step for the rise of large private landlords. Erdkunde, 75(2), 105-120. DOI: 10.3112/ERDKUNDE.2021.02.03
    DOI de l'article: 10.3112/ERDKUNDE.2021.02.03
    Entitat: Universitat Rovira i Virgili
    Any de publicació de la revista: 2021
    Tipus de publicació: Journal Publications
  • Paraules clau:

    Earth and Planetary Sciences (Miscellaneous),Ecology,Geography,Geography, Physical,Geography, Planning and Development,Geology
    Housing crisis
    Foreclosures
    Evictions
    Corporate landlords
    Catalonia
    spain
    housing crisis
    geographies
    evictions
    dispossession
    corporate landlords
    catalonia
    Geology
    Geography, planning and development
    Geography, physical
    Geography
    Geografia i urbanisme
    Geografía
    General earth and planetary sciences
    Ecology
    Earth and planetary sciences (miscellaneous)
    Earth and planetary sciences (all)
    Ciencias sociales
    Biodiversidade
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