“Españistan” by Aleix Salo – With English Subtitles

espanistan - Españistan

The following presentation is a English subtitled version of “La burbuja inmobiliaria” or “Españistan” which was created by animator and Barcelona resident Aleix Saló. It explains the ongoing economic crisis in Spain, going all the way back to the “Land Act” of 1998 which proposed the privatization of land. The premise was simple: if more land is available for development, and the land market becomes a super-profitable business, returns will skyrocket, more houses will be built, the increased supply will cause prices to decrease, and young adults will finally be able to buy themselves a home…

The original video can be found here at this link.

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