By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.
The government of Spain has unveiled new housing measures after an 87-year-old woman was evicted from the apartment she had lived in for 70 years, sparking days of mass protests in Madrid. The decree extends eviction protections for vulnerable people until 2030, taxes seasonal rentals and bans speculative purchases by vulture funds until 2028. It also offers interest-free loans for first-time buyers. The woman has agreed to return home, with her rent capped at 30% of her income. Parliament has 30 days to approve the measures, but protesters say they do not go far enough.
The government of Spain has unveiled new housing measures after an 87-year-old woman was evicted from the apartment she had lived in for 70 years, sparking days of mass protests in Madrid. The decree extends eviction protections for vulnerable people until 2030, taxes seasonal rentals and bans speculative purchases by vulture funds until 2028. It also offers interest-free loans for first-time buyers. The woman has agreed to return home, with her rent capped at 30% of her income. Parliament has 30 days to approve the measures, but protesters say they do not go far enough.