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Valcarca in Barcelona (#28) and the deserted, incomplete holiday home areas north of Valencia demonstrate the two extremes of the complications of economic and real estate crises and architecture. On one end, activists in a ruined neighbourhood are trying to appropriate the empty lots as a meeting place for the area’s remaining residents. On the other end, the built, but never-inhabited holiday homes: The homes have mortgages, but neither potential residents nor prospective investors. The Spanish Mediterranean coast as an involuntary investment ruin park that – if only through the camera‘s lens – recedes behind a fence from all encounters and appropriation.