In Europe, urban centers are drastically shrinking, with vacant offices and unused buildings facing demolition. A new form of occupation is emerging as an alternative to renting: the role of a guardian, similar to a caretaker, which has not yet arrived in Argentina, despite the high number of vacant offices in prominent areas such as the Central Business District (CBD).
Iconic buildings like those of YPF and Telecom have large available spaces due to the decrease in demand for commercial spaces. Despite economic factors and changes in the real estate market, the conversion of offices into housing is an emerging trend that could breathe new life into city centers.
In London, rents have increased significantly, leading to a housing crisis that has driven the occupation of vacant properties by guardians. Although this practice offers fewer legal protections for residents than traditional renting, it becomes an affordable option for many in a country where property prices are unaffordable.
In the United Kingdom, more than 13,500 people live as guardians, a considerable figure compared to the 11 million traditional tenants. The demand for guardianships has drastically increased in recent years, attracting people of various ages seeking economical alternatives to live in prime locations.
The situation reflects a global trend toward the occupation of vacant properties by guardians, offering a temporary solution to the shortage of affordable housing in major cities. Despite criticisms and limitations, this practice is establishing itself as a response to the challenges of the current real estate market.
