Pedreguer Promotes the Antidote to Real Estate Speculation: Public Land and Cooperativism - Levante-EMV
Society

Pedreguer Promotes the Antidote to Real Estate Speculation: Public Land and Cooperativism

The City Council of Pedreguer has initiated a participatory process to mobilize municipal public land and facilitate access to housing for the young people of the municipality, from a social, collective, and non-speculative perspective. This initiative seeks to respond to the social challenges in the Marina Alta region, affected by tourist pressure that has complicated access to decent and affordable housing for the local population.

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The phenomenon of real estate speculation and access to housing has become an increasing concern throughout Spain, particularly in areas with high tourist demand such as the Marina Alta region in the Valencian Community. Known for its coastal appeal, this region has seen housing prices skyrocket in recent years, leading to a situation where local residents, especially the youth, find it increasingly difficult to access affordable housing. The cooperative model in the management of public land, as proposed by Pedreguer, is presented as an innovative alternative to traditional real estate development and management models. In this model, the land is not sold to the highest bidder, but is allocated to...

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