This is the result of the financialisation of homes. Dirty money, be it from developing nations or the rich in the advanced economies is seeking secure havens. And what is more secure than nations, like those of the EU, which protect such transactions via weak regulatory systems. That this has occurred has to do more with a few judges and prosecutors in Spain than a efficient rule of law.
Related Articles
Finance
The Guardian: The tiny union beating the gig economy giants
A grassroots fightback is helping to win basic rights for couriers, cleaners and other workers on zero-hours contracts. And the IWGB is showing how unions can thrive again. Read here
Geopolitics
BBC: IOC bars Indonesia from hosting Olympic events over ban on Israeli athletes
Indonesia gets sanctioned before Israel. We need to decolonize sport urgently. Indonesia said it would not grant visas to the Israel team for the ongoing World Artistic Gymnastics Championships in Jakarta because of the country’s […]
EU politics
Kjell Östberg – Sweden’s Welfare State Was a Product of Class Struggle
‘Swedish Social Democracy is often idealized as a benign reformist force that delivered welfare to the grateful masses. Yet the Swedish social model was the product of conflict — and a working-class radicalism that the […]

Be the first to comment