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Extracting rents through foreclosures: The rescue of Catalunya Banc as a new urban strategy following the burst of the Spanish bubble

  • Identification data

    Identifier: imarina:5131814
    Authors:
    Vives-Miro, SoniaGutierrez, Aaron
    Abstract:
    Using the paradigmatic example of Catalunya Banc, this paper analyses the Spanish varieties of the new financial engineering used to appropriate urban rent by home dispossession. It aims to contribute to the study of the new forms of financialization that have appeared since 2008. Particular attention is given to the role of the state, the emergence of private equity funds as global real estate owners and how this has translated into a wave of evictions due to mortgage foreclosures. In short, this article highlights the implications of the uneven development resulting from the exhaustion of the so-called Spanish model of accumulation during the real estate boom years.
  • Others:

    Author, as appears in the article.: Vives-Miro, Sonia; Gutierrez, Aaron;
    Department: Geografia
    URV's Author/s: Gutiérrez Palomero, Aaron
    Keywords: Sustainable cities and communities
    Abstract: Using the paradigmatic example of Catalunya Banc, this paper analyses the Spanish varieties of the new financial engineering used to appropriate urban rent by home dispossession. It aims to contribute to the study of the new forms of financialization that have appeared since 2008. Particular attention is given to the role of the state, the emergence of private equity funds as global real estate owners and how this has translated into a wave of evictions due to mortgage foreclosures. In short, this article highlights the implications of the uneven development resulting from the exhaustion of the so-called Spanish model of accumulation during the real estate boom years.
    Research group: GRATET. Anàlisi Territorial i Estudis Turístics
    Thematic Areas: Human geography and urban studies Geography, planning and development Geography Environmental studies Earth and planetary sciences (miscellaneous) Ciencias sociales
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    ISSN: 08676046
    Author's mail: aaron.gutierrez@urv.cat
    Author identifier: 0000-0003-0557-6319
    Record's date: 2024-11-16
    Papper version: info:eu-repo/semantics/publishedVersion
    Link to the original source: https://content.sciendo.com/view/journals/mgrsd/21/4/article-p151.xml
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: Miscellanea Geographica. 21 (4): 151-159
    APA: Vives-Miro, Sonia; Gutierrez, Aaron; (2017). Extracting rents through foreclosures: The rescue of Catalunya Banc as a new urban strategy following the burst of the Spanish bubble. Miscellanea Geographica, 21(4), 151-159. DOI: 10.1515/mgrsd-2017-0030
    Article's DOI: 10.1515/mgrsd-2017-0030
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2017
    Publication Type: Journal Publications
  • Keywords:

    Earth and Planetary Sciences (Miscellaneous),Geography,Geography, Planning and Development
    Sustainable cities and communities
    Human geography and urban studies
    Geography, planning and development
    Geography
    Environmental studies
    Earth and planetary sciences (miscellaneous)
    Ciencias sociales
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