Spain is not the US. Barcelona had been building a lot of housing. Its not enough as they get converted to airbnbs or get scooped up by rich foreigners or foreign investment funds.
>>zrn900+(OP)
Real estate is only a good investment vehicle because the western world refuses to build shit. why on earth would you expect investors be enticed to buy a fundamentally depreciating asset instead of equities?
>>zrn900+(OP)
Lol what? Maybe back in 2007 before the crash that ruined tons of Spanish construction companies and investment in real estate. Otherwise the US builds a lot, and apparently Barcelona still doesn't build enough.