Spain Agrees on Measures to Fix Housing Crisis, Ban Eviction
The package would protect vulnerable renters through 2030 and tighten rules on short-term lets and investment funds, officials said.
- On Tuesday, Spain's coalition government announced a housing decree banning evictions until 2030 and regulating short-term rentals to address the nation's housing crisis. The measures also automatically extend existing rental contracts by two years.
- Massive protests erupted in Madrid after riot police forcefully removed 87-year-old Maricarmen Abascal from her home on a stretcher last week. Hundreds of demonstrators then camped in Puerta del Sol demanding stronger tenant protections.
- Proposed rules restrict so-called "vulture funds" from purchasing properties until 2028 and require proof that short-term rental contracts serve genuine temporary needs. The measures target investment firms that drive up housing costs for vulnerable tenants.
- Abascal's lawyer, Beatriz Duro, announced on Tuesday that the pensioner could return home under a preliminary settlement requiring her to pay 30% of her pension monthly, equivalent to around €500.
- Prime Minister Pedro Sanchez's minority government faces a parliamentary vote this Friday, but Junts spokesperson Miriam Nogueras warned the decree unfairly "lumps together" small landlords with profit-driven funds, risking its passage.
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252 Articles
BARCELONA (AP) — Protesters clashed with the police of Barcelona on Monday, hours after the president of the Spanish government, Pedro Sánchez, called for general elections for November 29, after his government suffered a...
The anger about the Spanish rental crisis is growing: in Barcelona there were conflicts on the margins of a big demo. Politically, too, the issue is causing massive distortions.
Tens of thousands of people demonstrated against the housing crisis in Barcelona on Monday evening. Estimates of the turnout at the gathering in the center of the Catalan metropolis varied widely. Authorities spoke of 20,000 participants, while the organizers estimated the number at 120,000.
The precarious situation on the housing market is a huge issue in Spain, where there will soon be new elections. Many people are also demonstrating in Barcelona.
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