The Balearic Islands justice supports the expropriation of empty flats from vulture funds


The Contentious-Administrative Chamber of the Superior Court of Justice of the Balearic Islands (TSJIB) endorses the Government's Housing Law that allows the expropriation of empty flats in the hands of vulture funds and large holders, such as banks.

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Specifically, the TSJIB has dismissed the appeal of the Association of Real Estate Developers of the Balearic Islands (Proinba) against Decree 36/2019, of May 10, which regulates unoccupied homes and the compulsory assignment procedure by these large forks, according to Europa Press.

"Receiving the support of the Superior Court of Justice of the Balearic Islands in the Government's decision to expropriate those empty flats in the hands of vulture funds or large holders, essentially banking entities, means a very important boost for the Balearic Housing Law in which Podemos played a fundamental role", assured Juan Pedro Yllanes Suárez, vice-president of the Government of the Balearic Islands.

They asked for the annulment of the decree

With this ruling, dated January 19, the Chamber endorses the action of the Balearic Government in relation to the expropriation or temporary transfer of use of the unoccupied homes of large holders.

Proinba requested the annulment of the aforementioned decree in general, and of articles 18.1, 2.1, 23, 24 and 32, in particular. In the appeal, the Association alleged the nullity of the Decree because the third draft, finally approved, was not submitted to new public information.

For its part, the Chamber does not consider that it was necessary to repeat the hearing procedure, since the wording of article 18.1 was already contained in the second draft already submitted for public exposure, and without the alteration of article 9 of the Law of Urban Leases would imply a substantial change to the regulation as a whole, as required by case law.

"We understand that housing cannot be considered a market good, but rather an essential good since it is the ideal place to develop the life of any citizen," says the Vice President of the Government and judge on leave.

"We will continue with these policies in compliance with the Housing Law with the expropriation of those empty flats that allow us to deal with one of the main problems that we currently have in the Balearic Islands, such as the access of the youngest population to decent housing," he adds. Yllanes Suarez.

Through her Twitter account, the President of the Government, Francina Armengol, has celebrated that, in this way, "the TSJIB 100% endorses the action of the Balearic Executive to protect the social function of housing against speculation"

"The flats of the big holders, empty for years, will be transferred to young people and families. Great news and, above all, a victory for social rights! People win," he stressed.



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