Foreclosed homes in Spain to become low rent properties to help young people

  • 2 years ago
  • 0

SPAIN’S government has approved a measure to make up to 50,000 foreclosed homes- held by ‘bad bank’ Sareb- available for low rentals to ease the housing crisis among young people. Sareb was created in 2012 to take over more than €50 billion in real estate and other toxic assets from former savings banks that collapsed […]

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