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Buying and renting a house in 24 hours for fear of losing it: these are the risks of express operations

The shortage of supply and pressure from demand push many buyers and tenants to make decisions in minutes without verifying the physical and legal status of the house.

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Buying and renting a house in 24 hours for fear of losing it: these are the risks of express operations

The current housing crisis has led to a rapid and almost irrational market. Due to a lack of supply and high demand, buying or renting a home often happens after a single, brief visit. This has resulted in a culture of ultra-fast decision-making, which can be risky for buyers, especially when purchasing a home for hundreds of thousands of euros. This rapid decision-making can potentially ruin the buyer's economy.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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