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What About the 11 Million Empty Homes Littered Across Europe?

Tuesday, September 8, 2015 8:11
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Some Europeans are protesting they have no room for refugees in their countries. However, just over a year ago, The Guardian exposed a shocking truth about the continent that pokes a gaping hole in these kind of declarations.

From The Guardian:

More than 11m homes lie empty across Europe – enough to house all of the continent’s homeless twice over – according to figures collated by the Guardian from across the EU.

In Spain more than 3.4m homes lie vacant, in excess of 2m homes are empty in each of France and Italy, 1.8m in Germany and more than 700,000 in the UK.

There are also a large numbers of vacant homes in Ireland, Greece, Portugal and several other countries, according to information collated by the Guardian.

Many of the homes are in vast holiday resorts built in the feverish housing boom in the run up to the 2007-08 financial crisis – and have never been occupied.

On top of the 11m empty homes – many of which were bought as investments by people who never intended to live in them – hundreds of thousands of half-built homes have been bulldozed in an attempt to shore up the prices of existing properties.

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—Posted by Natasha Hakimi Zapata

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Source: http://www.truthdig.com/eartotheground/item/what_about_the_11_million_empty_homes_littered_across_europe_20150908/

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