The Real Estate Market Is Dead in Spain. Long Live Bitcoin.
What happened
A 2% rent ceiling against 4.9% September inflation, plus compulsory five- and seven-year renewals, rewrites signed leases. The Bank of Spain still puts the housing deficit near 750,000 homes.
first appeared on Bitcoin Magazine and is written by Kristyna Mazankova . Spain has just shown every property owner in Europe that the rules around their asset can be rewritten by decree.
Bitcoin is the one asset where that cannot happen. In Spain, for generations, the answer to long-term family wealth was land and property until now.
Sources & evidence
- Bitcoin Magazine Reporting source
The Real Estate Market Is Dead in Spain. Long Live Bitcoin. โ
https://bitcoinmagazine.com/business/the-real-estate-market-is-dead-in-spain-long-live-bitcoin