Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate
The Canary Islands is a special case of the accumulation model based on the financing of the built environment, which is responsible for considerable socio-spatial changes and numerous families losing their homes. The link between the real estate development, which started in the mid-1990s and the d...
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| Language: | English |
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Universidad de Alicante, Instituto Interuniversitario de Geografía
2018-06-01
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| Series: | Investigaciones Geográficas |
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| Online Access: | https://www.investigacionesgeograficas.com/article/view/2018-n69-real-estate-boom-and-crisis-in-the-canary-islands |
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| _version_ | 1849696511086034944 |
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| author | Juan Samuel García-Hernández Mª del Carmen Díaz-Rodríguez Luz Marina García-Herrera |
| author_facet | Juan Samuel García-Hernández Mª del Carmen Díaz-Rodríguez Luz Marina García-Herrera |
| author_sort | Juan Samuel García-Hernández |
| collection | DOAJ |
| description | The Canary Islands is a special case of the accumulation model based on the financing of the built environment, which is responsible for considerable socio-spatial changes and numerous families losing their homes. The link between the real estate development, which started in the mid-1990s and the dispossession processes that have occurred since the crisis of 2007 is analysed on an island and intra-island scale; along with the recent real estate investment in the areas that have been the most affected by foreclosures. The data related to the production and prices of housing were obtained from the Ministry of Public Works and the National and Regional Statistical Institutes and those concerning the foreclosures from the General Council of the Judiciary. The results show that there are different models in the production of housing and in the volume of foreclosures, on an island scale. The crisis has exacerbated the pre-existing level of spatial inequality and social vulnerability by affecting not only the tourist resorts and the main cities, but also the working class residential areas as revealed by the intra-island analysis. |
| format | Article |
| id | doaj-art-5ebaaad5fcc14a889364a8500289e2c7 |
| institution | DOAJ |
| issn | 0213-4691 1989-9890 |
| language | English |
| publishDate | 2018-06-01 |
| publisher | Universidad de Alicante, Instituto Interuniversitario de Geografía |
| record_format | Article |
| series | Investigaciones Geográficas |
| spelling | doaj-art-5ebaaad5fcc14a889364a8500289e2c72025-08-20T03:19:27ZengUniversidad de Alicante, Instituto Interuniversitario de GeografíaInvestigaciones Geográficas0213-46911989-98902018-06-01069233910.14198/INGEO2018.69.0210398Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estateJuan Samuel García-Hernández0Mª del Carmen Díaz-Rodríguez1Luz Marina García-Herrera2Departamento de Geografía e Historia, Universidad de La LagunaDepartamento de Geografía e Historia, Universidad de La LagunaDepartamento de Geografía e Historia, Universidad de La LagunaThe Canary Islands is a special case of the accumulation model based on the financing of the built environment, which is responsible for considerable socio-spatial changes and numerous families losing their homes. The link between the real estate development, which started in the mid-1990s and the dispossession processes that have occurred since the crisis of 2007 is analysed on an island and intra-island scale; along with the recent real estate investment in the areas that have been the most affected by foreclosures. The data related to the production and prices of housing were obtained from the Ministry of Public Works and the National and Regional Statistical Institutes and those concerning the foreclosures from the General Council of the Judiciary. The results show that there are different models in the production of housing and in the volume of foreclosures, on an island scale. The crisis has exacerbated the pre-existing level of spatial inequality and social vulnerability by affecting not only the tourist resorts and the main cities, but also the working class residential areas as revealed by the intra-island analysis.https://www.investigacionesgeograficas.com/article/view/2018-n69-real-estate-boom-and-crisis-in-the-canary-islandsboom inmobiliariocrisisejecuciones hipotecariascanariasespaña. |
| spellingShingle | Juan Samuel García-Hernández Mª del Carmen Díaz-Rodríguez Luz Marina García-Herrera Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate Investigaciones Geográficas boom inmobiliario crisis ejecuciones hipotecarias canarias españa. |
| title | Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate |
| title_full | Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate |
| title_fullStr | Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate |
| title_full_unstemmed | Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate |
| title_short | Real estate boom and crisis in the Canary Islands: Property dispossession and the resurgence of real estate |
| title_sort | real estate boom and crisis in the canary islands property dispossession and the resurgence of real estate |
| topic | boom inmobiliario crisis ejecuciones hipotecarias canarias españa. |
| url | https://www.investigacionesgeograficas.com/article/view/2018-n69-real-estate-boom-and-crisis-in-the-canary-islands |
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