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Massive demonstrations took place in Spain demanding a solution to the housing crisis

Kyiv • UNN

 • 20049 views

Thousands of people in 40 cities in Spain took to the streets to protest, demanding a 50% reduction in rent, an end to evictions and greater control over the real estate market. More than 15,000 protesters gathered in Madrid.

Massive demonstrations took place in Spain demanding a solution to the housing crisis

 Thousands of people took to the streets in demonstrations in 40 cities across Spain demanding action against the housing crisis. Protesters are demanding a 50% reduction in rent, an end to evictions and a ban on the activities of eviction companies.

UNN reports with reference to France24 and EFE.

Several tenant organizations, supported by trade unions, organized rallies in approximately 40 cities in Spain, such as Madrid, Barcelona and Palma de Mallorca, under the slogan "Let's put an end to the housing business."

The key problem

The lack of housing increases rents, so people in Spain have to spend an increasing proportion of their income on rent - often more than 50 percent.

According to real estate agency Fotocasa, rents in the Balearic Islands, including Mallorca, Menorca and Ibiza, have increased by 158 percent over the past decade.

Target

The organizers of the demonstrations are calling for an end to real estate speculation, the construction of more social housing, an end to the conversion of residential premises into holiday apartments, a reduction in rents and the alienation of property.

The demonstration on the housing crisis gathered more than 15,000 people in Madrid, according to the Government Delegation, and more than 100,000 according to the organizers.

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The protest under the slogan "Let's end the housing business", after those held last fall, was held under shouts such as "self-seizure and explosions of housing" or "we do not pay for your speculation with our salaries", EFE reports.

Comment from protesters

Valeria Racu, a spokeswoman for the Madrid Tenants' Union, told the media at the head of the demonstration that they are "establishing indefinite rent" and asking half a million households whose contracts expire this year, according to their data, to "resist".

Actions of the authorities in Spain

To combat the real estate crisis, Spanish Prime Minister Pedro Sanchez proposed at the beginning of the year to introduce a property tax of up to 100 percent if buyers are not EU citizens.  The plan is to make housing affordable again and deter foreign buyers.

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