Real Estate Crisis And Sustainability In Spain
Author(s)
J. L. Miralles i Garcia
Abstract
The last real estate cycle in Spain is a paradigmatic example of non sustainable
development. The extraordinary urban development in the 1997-2007 period
produced an extraordinary economic growth based on land speculation and
housing. The end of the cycle generates a very severe economic crisis, one that
is the most serious economic crisis in a long time. This process has economic,
social and environmental repercussions; from the economic point of view Spain
has a temporally increased its GDP. The real estate activity has generated houses,
and land able to be developed, but without use and without a market. From the
social point of view, the Spanish people have changed their system of moral
value. It takes as an ideal rapid enrichment without effort and without producing
useful goods and services, and from the environmental point of view, on building
over an extensive area without use. It is an irreversible process of rural land
transformation. All land conversion is carried out by urban planning; the
landscape changes and \“urban sprawl” increases.
Keywords: urban planning, landscape architecture, landscape ecology,
landscape management, sustainability, public participation.
1 Introduction
Spain has seen a process of economic development that is clearly unsustainable.
The process occurred mainly between 1997-2007 and a large number of houses
were built in this period. In Figure 1 you can see the number of visas given for
construction for housing, and in Figure 2 you can see the number of houses built
for each year. In 2002-2007 there were more visa granted for construction in
Spain than in France and Germany combined. The process is especially intensive
in the case of coastal and tourist areas as in the Autonomous Community of
Valencia [1].
Keywords
urban planning, landscape architecture, landscape ecology,
landscape management, sustainability, public participation.
Related Book
Other papers in this volume
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