• Blackmist@feddit.uk
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    11 months ago

    The bogeyman reason is investors (and especially Chinese investors).

    Suspect the real reason is they’re a mix of holiday homes, near ruins, crap properties in crap locations, tangled up in a bunch of legal shit, inheritance proceedings, or the old person that owns it is in care.

    There’s a bunch of greed as well, but it’s not worth leaving a property empty over renting it out for an exorbitant sum.