RT Journal Article
T1 Extracting rents through foreclosures: The rescue of Catalunya Banc as a new urban strategy following the burst of the Spanish bubble
A1 Vives Miró, Sònia
A1 Gutiérrez, Aaron
K1 Financialization
K1 Bank bailout
K1 Housing policy
K1 Foreclosures
K1 Home dispossession
K1 Spain
AB Using the paradigmatic example of Catalunya Banc, this paper analysesthe Spanish varieties of the new financial engineering used to appropriateurban rent by home dispossession. It aims to contribute to the study of thenew forms of financialization that have appeared since 2008. Particularattention is given to the role of the state, the emergence of private equityfunds as global real estate owners and how this has translated into a waveof evictions due to mortgage foreclosures. In short, this article highlightsthe implications of the uneven development resulting from the exhaustionof the so-called Spanish model of accumulation during the real estateboom years.
PB Sciendo
SN 0867-6046
YR 2017
FD 2017
LK http://hdl.handle.net/10347/17600
UL http://hdl.handle.net/10347/17600
LA eng
NO Vives-Miró, S., & Gutiérrez, A. (2017). Extracting rents through foreclosures: The rescue of Catalunya Banc as a new urban strategy following the burst of the Spanish bubble, Miscellanea Geographica, 21(4), 151-159. doi: https://doi.org/10.1515/mgrsd-2017-0030
NO This research was funded by the Department of Researchand Universities of the Catalan Government (2014 SGR 1270)and by the research projects “Crisis and vulnerability in Spain’sisland cities: Transformations of spaces of social reproduction”(CSO2015-68738-P) and “New models of urban governance in thepost-crisis period” (CSO 2016-75236-c2-1-r) within the NationalPlan for R&D of the Ministry of Economy and Competitiveness ofthe Spanish Government.
DS Minerva
RD 1 may 2026