"The hundreds of thousands of empty homes across Madrid has spawned a black market for cheap housing in which groups illegally break into, and then let, repossessed properties. Almost all the cases involving the properties, most of which now belong to Spanish banks, are identical, said Vicente Pérez, from a residents group, the Federación Regional de Asociaciones de Vecinos de Madrid: "Somebody goes and kicks in the door. Once he's in, the others come – and they sell the place.""
'via Blog this'
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