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I Live in a €600 Cupboard in Tenerife – Tourism Priced Me Out of My Home

Summary by iNews
MADRID – Thousands of Spaniards have been forced to live in caravans, caves, tents and even cupboards in Tenerife as mass tourism pushes up property prices beyond the reach of many locals.Residents claim they have been forced out of their homes to live in makeshift accommodation on the Canary island as Spain struggles through a housing crisis.A Bank of Spain report last month said the country had a deficit of 450,000 homes. Half the housing stoc…

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El Confidencial broke the news in Spain on Saturday, May 31, 2025.
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