Eviction: Where Are Tenants Most and Least Protected Across Europe?
- On Wednesday, authorities evicted 87-year-old Maricarmen Abascal from her Madrid home after investment firm Urbagesa raised her rent 530%. The disabled pensioner, who had lived in the flat since 1956, was carried out on a stretcher.
- Speculative 'vulture funds' exacerbated Spain's housing shortage, where publicly subsidized rentals comprise less than 2% of the market. The country faces a deficit of around 550,000 homes, fueling investor speculation on rental properties.
- Protesters established a growing tent camp in Puerta del Sol, with roughly 1,000 people gathered by Tuesday morning. The Sindicato de Inquilinas tenants' union claimed 300,000 marchers participated, while the government cited around 25,000.
- Prime Minister Pedro Sanchez's cabinet delivered an emergency package, dubbed the 'Maricarmen decree,' on Tuesday. Measures include eviction protections for vulnerable tenants until 31 December 2030 and a ban on speculative purchases until 2028.
- Both decrees face an uncertain extraordinary vote in Congress on Friday, as Sanchez's minority government needs support from other parties. The Madrid regional government issued a 48-hour ultimatum to clear the Puerta del Sol camp.
38 Articles
38 Articles
Maricarmen Abascal, 87, was evicted after 70 years in the same apartment. This has led to major protests and a political vote in Spain.
BBC World Service - Business Daily, Taking Stock: How evicting an 87-year-old woman in Spain disrupted the debate on housing
Protests in Spain about 87-year-old Mariacarmen Abascal's eviction from social housing reignited the housing affordability debate globally, as inflation ticks up and career prospects for the young have been impacted by the rise in AI. We head to Nigeria, India and the UK to take stock on the issue.Elsewhere, what can sliding sales at the world's largest automaker tell us about how drivers feel about big purchases?We get the view from Jennifer Pa…
While the usual activism, which we all pay for and never provide solutions, took advantage of the mobilizations for Maricarmen, expressing a concern that is more of an opportunistic interest, in Ceuta, it must be remembered, everything remains the same. And it will continue to be just as bad long after Maricarmen has returned to her home, to what she says is her home because it was her home. More than one will think that I have no heart, but in …
More than a law, it's a license for terror. They just have to sing the "Owner to the Wall." Except for the Great Wyoming, of course.
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