Hacker News Reader

Since its usually pretty lucrative business, what is the reason? Either government is making it too hard, corruption too rampart, people too poor, banks not giving loans (but then why since generally they like doing so) and so on. Everything that has to do with state of economy and government.

I expect people to be a bit more curious on Hacker news and drill a bit into shallow facts, everything has underlying reasons.

Most of the construction happened in touristic areas and for speculation. There is not a lack of housing in Spain.

The biggest issue there is how shitty funds and speculators are screwing the market so normal people cannot buy a house.

What would be more interesting is to have statistics about empty dwellings. The banks have evicted countless people after the 2008 crisis, but are they renting those places now? If so, how cheap is it?

There is no shortage of housing. There is a shortage of rentable affordable housing, due to an epidemic of greedy landlord accaparating the market.