Protesters across Spain demand action over housing crisis
Summary
Protests are happening across Spain because the government failed to pass new laws to protect renters. The laws aimed to stop evictions, extend rental leases, increase taxes on tourist apartments, and limit property buying by investment funds, but lawmakers voted against them.Key Facts
- About 50 protests took place in Spanish cities like Madrid, Valencia, and Barcelona.
- The protests started after an 87-year-old woman named Maricarmen Abascal was evicted for not affording a rent increase.
- The Spanish government proposed two laws to protect tenants, but both were rejected in parliament.
- The first law sought to stop evictions until 2030, extend leases, tax tourist apartments, and limit property buying by investment firms called "vulture funds."
- The second law aimed to renew rental contracts automatically.
- The ruling leftist coalition lacks a majority in parliament and relies on smaller parties for support, which they did not receive for these laws.
- Spain faces a shortage of about 700,000 homes, and housing prices increased by 12.2% last year.
- Rental costs rose by 8.5% in 2025, worsening the housing crisis.
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