The Xàbia paradox: €400,000 flats opposite a caravan settlement
In Xàbia, luxury homes valued at €400,000 coexist with a caravan settlement on opposite pavements, highlighting the housing crisis.
The town of Xàbia presents a stark urban contrast that reflects the housing crisis on the Costa Blanca. In the same area, new flats with prices approaching €400,000 share space with an informal caravan settlement.
This situation reveals the property paradox facing the municipality: whilst the luxury market thrives, sections of the population are forced to resort to precarious housing solutions due to the lack of affordable options.
The gap between property market prices and the financial capabilities of local residents and workers generates housing emergency situations that contrast sharply with the development of high-end projects.
This phenomenon illustrates the challenges facing coastal town councils in guaranteeing access to housing whilst managing pressure from the tourism and high-end residential sectors.
Source: informacion.es
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