Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain

At the beginning of the economic crisis in 2008, the number of foreclosures and evictions increased dramatically in Spain. The severe economic situation and the lack of mitigation measures by public institutions seemed to be the main causes. However, the start of a period of economic recovery since...

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Main Authors: Juan M. Parreño-Castellano, Josefina Domínguez-Mujica, Maite Armengol-Martín, Tanausú Pérez García, Jordi Boldú Hernández
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Urban Science
Subjects:
Online Access:https://www.mdpi.com/2413-8851/2/4/109
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author Juan M. Parreño-Castellano
Josefina Domínguez-Mujica
Maite Armengol-Martín
Tanausú Pérez García
Jordi Boldú Hernández
author_facet Juan M. Parreño-Castellano
Josefina Domínguez-Mujica
Maite Armengol-Martín
Tanausú Pérez García
Jordi Boldú Hernández
author_sort Juan M. Parreño-Castellano
collection DOAJ
description At the beginning of the economic crisis in 2008, the number of foreclosures and evictions increased dramatically in Spain. The severe economic situation and the lack of mitigation measures by public institutions seemed to be the main causes. However, the start of a period of economic recovery since 2014 has meant that the number of the evictions continues to increase. In this article, we analyze in detail this phenomenon in the city of Las Palmas de Gran Canaria. Based on the disaggregated judicial data on the records of ejections and transfer of possession by foreclosures and evictions for the period 2009⁻2017, we carry out a study according to judicial procedures and proceedings and nature of the parties affected from a time-based and spatial perspective. This information allows us to discern that the causes that have led to the loss of housing are more varied than expected; that these circumstances have affected both societies and individuals, diverging on the period of incidence; and that the loss of housing has a different spatial impact in each stage. We conclude that both dispossession and loss of use are two structural occurrences coherent with the capitalist model of secondary accumulation developed in the world in the last 20 years. In the case of Spain, we have recognized these phases and modes of accumulation beyond the incidence of the crisis, revealing the structural character of the phenomenon analyzed.
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spelling doaj.art-5844c7ef867e43f2a172d529b05b16a72022-12-22T02:02:32ZengMDPI AGUrban Science2413-88512018-11-012410910.3390/urbansci2040109urbansci2040109Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in SpainJuan M. Parreño-Castellano0Josefina Domínguez-Mujica1Maite Armengol-Martín2Tanausú Pérez García3Jordi Boldú Hernández4Department of Geography, University of Las Palmas de Gran Canaria, 35003 Las Palmas de Gran Canaria, SpainDepartment of Geography, University of Las Palmas de Gran Canaria, 35003 Las Palmas de Gran Canaria, SpainDepartment of Geography, University of Las Palmas de Gran Canaria, 35003 Las Palmas de Gran Canaria, SpainG.I. Sociedades y Espacios Atlánticos, University of Las Palmas de Gran Canaria, 35003 Las Palmas de Gran Canaria, SpainG.I. Sociedades y Espacios Atlánticos, University of Las Palmas de Gran Canaria, 35003 Las Palmas de Gran Canaria, SpainAt the beginning of the economic crisis in 2008, the number of foreclosures and evictions increased dramatically in Spain. The severe economic situation and the lack of mitigation measures by public institutions seemed to be the main causes. However, the start of a period of economic recovery since 2014 has meant that the number of the evictions continues to increase. In this article, we analyze in detail this phenomenon in the city of Las Palmas de Gran Canaria. Based on the disaggregated judicial data on the records of ejections and transfer of possession by foreclosures and evictions for the period 2009⁻2017, we carry out a study according to judicial procedures and proceedings and nature of the parties affected from a time-based and spatial perspective. This information allows us to discern that the causes that have led to the loss of housing are more varied than expected; that these circumstances have affected both societies and individuals, diverging on the period of incidence; and that the loss of housing has a different spatial impact in each stage. We conclude that both dispossession and loss of use are two structural occurrences coherent with the capitalist model of secondary accumulation developed in the world in the last 20 years. In the case of Spain, we have recognized these phases and modes of accumulation beyond the incidence of the crisis, revealing the structural character of the phenomenon analyzed.https://www.mdpi.com/2413-8851/2/4/109foreclosureevictioneconomic crisispost-crisishousing vulnerabilitySpanish cityhousing bubblefinancializationholiday homehousing market
spellingShingle Juan M. Parreño-Castellano
Josefina Domínguez-Mujica
Maite Armengol-Martín
Tanausú Pérez García
Jordi Boldú Hernández
Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
Urban Science
foreclosure
eviction
economic crisis
post-crisis
housing vulnerability
Spanish city
housing bubble
financialization
holiday home
housing market
title Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
title_full Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
title_fullStr Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
title_full_unstemmed Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
title_short Foreclosures and Evictions in Las Palmas de Gran Canaria during the Economic Crisis and Post-Crisis Period in Spain
title_sort foreclosures and evictions in las palmas de gran canaria during the economic crisis and post crisis period in spain
topic foreclosure
eviction
economic crisis
post-crisis
housing vulnerability
Spanish city
housing bubble
financialization
holiday home
housing market
url https://www.mdpi.com/2413-8851/2/4/109
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