San Jerónimo - History Lab https://historylab.es Fri, 20 May 2022 14:57:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://historylab.es/wp-content/uploads/2021/06/cropped-icono-historylab-32x32.jpg San Jerónimo - History Lab https://historylab.es 32 32 Social category and income levels (in reales) in Madrid, 1749-1774 https://historylab.es/social-category-and-income-levels-in-reales-in-madrid-1749-1774/?utm_source=rss&utm_medium=rss&utm_campaign=social-category-and-income-levels-in-reales-in-madrid-1749-1774 Sat, 19 Feb 2022 16:28:57 +0000 https://historylab.es/2022/02/19/categoria-social-y-niveles-de-renta-en-reales-en-madrid-1749-1774/ The price and distribution of housing in Madrid during the 18th century according to social status

The post Social category and income levels (in reales) in Madrid, 1749-1774 first appeared on History Lab.

]]> Real estate rents and urban property constituted an important part of the wealth of some members of the Madrid elites at the end of the 18th century. Investments in urban property increased notably due to a general recovery in rents, to which must be added the increase in demand initiated in this process. The irruption of the real estate market underwent important modifications in the period between 1750 and 1850, when a part of the ecclesiastical properties changed hands and the ownership of individuals increased considerably. In this sense, Madrid constituted a peculiar model of growth in comparison to other imperial capitals, as cities such as London or Paris broke their historical limits in the face of a new urbanisation. The titled aristocracy owned 10% of the total urban property in the town on the Manzanares. However, it controlled 24% of the rental income as its properties were highly profitable due to their location where the price was higher. Aristocratic property enjoyed prestige as it was the expression of a way of life based on wealth and birth. Thus, it reproduced a stately style within the walls, seeking to imitate the royal palace. In this sense, the location of the property was determined by its proximity to the palace, as in the 17th century there was a certain shift to the eastern part of the Villa, coinciding with the Buen Retiro Palace and the Paseo del Prado. The Carrera de San Jerónimo, Alcalá, Atocha and Mayor streets were predominant in the 18th century.

The post Social category and income levels (in reales) in Madrid, 1749-1774 first appeared on History Lab.

]]> Grandes de España. Annual income (1808) and real estate income in reales (1749-1770) https://historylab.es/grandes-de-espana-annual-income-1808-and-real-estate-income-in-reales-1749-1770/?utm_source=rss&utm_medium=rss&utm_campaign=grandes-de-espana-annual-income-1808-and-real-estate-income-in-reales-1749-1770 Sat, 19 Feb 2022 16:28:57 +0000 https://historylab.es/2022/02/19/grandes-de-espana-ingresos-anuales-1808-e-ingresos-por-rentas-inmobiliarias-en-reales-1749-1770/ Annual income of large Spanish companies according to rented housing situation

The post Grandes de España. Annual income (1808) and real estate income in reales (1749-1770) first appeared on History Lab.

]]> Real estate rents and urban property constituted an important part of the patrimony of some members of the Madrid elites at the end of the 18th century. Investments in urban property increased notably due to a general recovery in rents, to which must be added the increase in demand initiated in this process. The irruption of the real estate market underwent important modifications in the period between 1750 and 1850, when part of the ecclesiastical properties changed hands and the ownership of individuals increased considerably. In this sense, Madrid constituted a peculiar model of growth in comparison to other imperial capitals, as cities such as London or Paris broke their historical limits in the face of a new urbanisation. The aristocratic group, in addition to controlling the most distinguished spaces in terms of housing, controlled the most important part of the income from real estate. Although the titled aristocracy did not form a homogeneous group, there was a group of new titles whose estates were more recent and generally acquired through purchases, inheritance or marriage. In this sense, the income from renting houses in Madrid of many of Spain’s grandees constituted a minor part of their estates, as they lived in their palaces and rented out part of their possessions, although most of their income came from agricultural properties.

The post Grandes de España. Annual income (1808) and real estate income in reales (1749-1770) first appeared on History Lab.

]]>