Hundreds of thousands marched across 40 Spanish cities on Saturday to protest against soaring rents and a lack of affordable homes in a country that enjoys Europe’s fastest economic growth and yet suffers from a severe housing shortage exacerbated by a tourism boom.
\nSpain’s center-left government has struggled to find a balance between attracting tourists and migrants to fill job gaps and keeping rents affordable for average citizens, as short-term rentals have mushroomed in major cities and coastal destinations alike.
\n“No matter who governs, we must defend housing rights,” activists shouted as they rattled keychains in Madrid, where more than 150,000 protesters marched through the capital’s center, according to the local tenants’ union.
\nAverage Spanish rents have doubled and house prices swelled by 44% over the past decade, data from property website Idealista showed, far outpacing salary growth. Meanwhile, the supply of rentals has halved since the 2020 pandemic.
\n“They’re kicking all of us out to make tourist flats,” said Margarita Aizpuru, a 65-year-old resident of the popular Lavapies neighborhood. Nearly 100 families living in her block were told by the building’s owners that their rental contracts would not be renewed, Reuters quoted her as saying.
\nHomeowners associations and experts say that current regulations discourage long-term rentals, and landlords find that renting to tourists or foreigners for days or a couple of months is more profitable and safer.<\/p>\n","protected":false},"excerpt":{"rendered":"
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