@semanticist Spain got caught up in a building development bubble that deepened the 2008 crisis, despite having taken steps to protect their banking system after past shocks. It took the everyday economy much longer to recover there than other places. The development along the North Coast looks like that, but with generative marketing

Sovereign wealth funds from the Gulf funding the building, according to the FT https://www.ft.com/content/5cbc4708-c11b-4be7-88f4-9c23a2066dd7?syn-25a6b1a6=1

https://en.wikipedia.org/wiki/2008%E2%80%932014_Spanish_real_estate_crisis

Ghost developments