Abstract
The figure of the large-scale housing owner has been subjected to extraordinary regulatory inflation and a striking lack of coherence in both its definition and legal consequences. Lawmakers, unable to frame a single, operative definition, have improvised fragmented concepts as needed for each process, conveyance, lease, registry or tax provision, creating a legal labyrinth that hinders the work of notaries, professionals, and citizens. The introduction of “stressed residential market zones” along with the proliferation of public registries and punitive obligations has only added layers of confusion and insecurity—with clear repercussions for the real estate market and the exercise of fundamental rights. This article critically surveys the contradictions, gaps and paradoxes surrounding the “large-scale owner,” calling for a calm legislative reflection to restore legal certainty and rationality to a sector vital for both social harmony and the economy.

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