Skip to content

The Actual News

Stay informed without the news wearing you out.

Spain approves housing reforms after nationwide strike over costs

Spain approves housing reforms after nationwide strike over costs

Summary

Spain’s parliament approved a decree extending eviction protections for tenants in precarious financial or social circumstances when local authorities cannot offer alternative housing. It rejected a separate restriction on property purchases, after a nationwide strike over housing costs and rents. The measures’ future depends on a snap election scheduled for later in November.

Key Facts

  • The decree extending eviction protections passed by a vote of 35–34.
  • The protections apply to tenants whom social services consider financially or socially vulnerable, if regional authorities cannot provide another residence.
  • A proposal to bar real estate companies from buying properties for less than 70 percent of their value was rejected by a vote of 34–35.
  • The centre-right Basque party opposed the property-purchase restriction, arguing it could reduce rental supply and raise prices.
  • A nationwide 24-hour strike over rents and the cost of living took place on Wednesday.
  • Prime Minister Pedro Sánchez called a snap election after parliament blocked earlier versions of the decrees.
  • The conservative Popular Party said it would repeal the measures if it took power.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Monday's biggest stories, one calm email.