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Spain: Tens of thousands protest nationwide housing crisis (www.dw.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

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Summary

Tens of thousands protested across Spain, including 150,000 in Madrid and 100,000 in Barcelona, over a worsening housing crisis fueled by real estate speculation, foreign ownership, and tourism.

Organizers demand rent cuts, more social housing, and the repurposing of vacant properties. Renters face soaring costs, with many spending over 40% of their income on housing.

Protesters accuse landlords and investment funds of profiting while evictions rise.

Prime Minister Pedro Sanchez has proposed rent caps and limits on foreign ownership, calling the crisis a “social emergency” needing urgent action.

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[–] [email protected] 7 points 2 weeks ago* (last edited 2 weeks ago)

Yeah it’s really more that since ten years ago, that the people who have been buying up homes are buying lots.

So the average person gets no house and the rich and corporations own many houses (then rent them out at high costs or sit on them as a private collection like a summer home or portfolio home).