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The regional government of Andalucia is pioneering a scheme to guarantee people “decent housing” and to counteract the effects of Spain’s property crisis.
Another scheme? Why is that word showing up so much lately?
Under the scheme, the Junta plans to build 700,000 new homes within the next decade to satisfy the requirements of those struggling to rent their own place or get a foot on the property ladder.
Feed the exponential growth pig. Feed it!
150,000 were built every year nationwide. However in 2002, half a million new homes appeared even though only 300,000 were needed.
Hold on. Didn't we just determine that the solution was building even more homes?
In Andalucia, around 50,000 new homes are needed each year, while 100,000 have been constructed – on average – per year since 2003.
Source Picture: Bullfighting
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