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[–] 11 points 2 years ago

The bogeyman reason is investors (and especially Chinese investors).

Suspect the real reason is they're a mix of holiday homes, near ruins, crap properties in crap locations, tangled up in a bunch of legal shit, inheritance proceedings, or the old person that owns it is in care.

There's a bunch of greed as well, but it's not worth leaving a property empty over renting it out for an exorbitant sum.

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