Berliner Boersenzeitung - Madrid housing protesters vow to maintain pressure on government

EUR -
AED 4.164278
AFN 73.703929
ALL 92.035421
AMD 411.813851
ANG 2.030112
AOA 1039.794699
ARS 1729.140013
AUD 1.623802
AWG 2.041037
AZN 1.927083
BAM 1.954446
BBD 2.284317
BDT 139.445844
BGN 1.90887
BHD 0.427449
BIF 3397.192469
BMD 1.133909
BND 1.448996
BOB 13.672406
BRL 5.900183
BSD 1.134114
BTN 108.801617
BWP 15.486134
BYN 3.423428
BYR 22224.623627
BZD 2.28102
CAD 1.609301
CDF 2619.33096
CHF 0.94597
CLF 0.027956
CLP 1103.85725
CNY 7.600991
CNH 7.606366
COP 3781.780509
CRC 516.741974
CUC 1.133909
CUP 27.219141
CVE 110.188656
CZK 24.430873
DJF 201.518854
DKK 7.475156
DOP 67.443272
DZD 151.787585
EGP 59.030532
ERN 17.008641
ETB 185.251614
FJD 2.543591
FKP 0.855352
GBP 0.857179
GEL 2.942525
GGP 0.855352
GHS 13.26108
GIP 0.855352
GMD 83.909169
GNF 9975.088741
GTQ 8.659153
GYD 237.305582
HKD 8.896432
HNL 30.446905
HRK 7.533466
HTG 148.427162
HUF 367.11222
IDR 20329.861072
ILS 3.477768
IMP 0.855352
INR 108.913073
IQD 1485.770581
IRR 1558955.294935
ISK 136.806549
JEP 0.855352
JMD 179.545601
JOD 0.803946
JPY 178.451228
KES 147.10207
KGS 99.158448
KHR 4602.77037
KMF 490.983101
KPW 1020.518792
KRW 1533.238568
KWD 0.350061
KYD 0.945137
KZT 497.895032
LAK 25447.368742
LBP 101561.237429
LKR 375.409897
LRD 194.503523
LSL 18.580427
LTL 3.348139
LVL 0.685891
LYD 7.254846
MAD 10.984389
MDL 20.124879
MGA 4994.539524
MKD 61.551624
MMK 2380.497127
MNT 4078.923643
MOP 9.16593
MRU 45.411537
MUR 53.985785
MVR 17.530592
MWK 1966.637412
MXN 20.470296
MYR 4.628048
MZN 72.454233
NAD 18.580099
NGN 1501.273332
NIO 41.741815
NOK 10.885989
NPR 174.080853
NZD 2.010926
OMR 0.435992
PAB 1.134114
PEN 3.901266
PGK 5.131445
PHP 71.018989
PKR 314.184916
PLN 4.370433
PYG 6662.383955
QAR 4.134036
RON 5.276646
RSD 117.500246
RUB 94.964153
RWF 1674.525034
SAR 4.259546
SBD 9.100982
SCR 15.792061
SDG 682.049087
SEK 11.337625
SGD 1.44921
SHP 0.855426
SLE 27.899183
SLL 23777.503301
SOS 648.145215
SRD 42.808447
STD 23469.634579
STN 24.483037
SVC 9.924124
SYP 14743.089901
SZL 18.576129
THB 38.04257
TJS 10.439767
TMT 3.968683
TND 3.366667
TOP 2.730181
TRY 55.577657
TTD 7.693669
TWD 36.132132
TZS 2987.854618
UAH 50.870657
UGX 4445.919636
USD 1.133909
UYU 45.468497
UZS 13405.711827
VES 971.437448
VND 29450.461079
VUV 134.840583
WST 3.140147
XAF 655.957
XAG 0.018456
XAU 0.000271001775
XCD 3.064447
XCG 2.043984
XDR 0.801733
XOF 655.957
XPF 119.331742
YER 268.311266
ZAR 18.591885
ZMK 10206.55038
ZMW 22.200423
ZWL 365.118354
SSP 6477.561477
MXV 2.3177
  • RYCEF

    0.4000

    19.71

    +2.03%

  • RBGPF

    0.5300

    65

    +0.82%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • NGG

    -0.3000

    74.94

    -0.4%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCE

    -0.4200

    20.14

    -2.09%

  • BP

    -0.9100

    43.52

    -2.09%

  • BTI

    -1.2000

    54.85

    -2.19%

  • GSK

    -0.3500

    49.35

    -0.71%

  • RIO

    -0.2500

    94.16

    -0.27%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BCC

    -0.6200

    75.97

    -0.82%

  • JRI

    0.0000

    10.77

    0%

  • AZN

    -1.9400

    164.21

    -1.18%

Madrid housing protesters vow to maintain pressure on government
Madrid housing protesters vow to maintain pressure on government / Photo: Thomas COEX - AFP

Madrid housing protesters vow to maintain pressure on government

Demonstrators camping in a central Madrid square vowed Monday to keep up the pressure on Prime Minister Pedro Sanchez over Spain's housing crisis, as the 87-year-old woman at the centre of the protest called on them to "hold on".

Text size:

The demonstrators set up around 100 tents in the capital's busy Puerta del Sol square after tens of thousands took to the streets on Saturday to demand action to lower housing costs and protect tenants.

The movement was triggered by the police eviction on Wednesday of 87-year-old Maricarmen Abascal from her lifelong Madrid apartment.

"I'm asking you all to be courageous, to fight, to defend what belongs to us," said Abascal in a video posted on X by the Madrid Tenants' Union.

Hospitalised since her eviction, she had become a symbol of the protest against Spain's runaway housing prices.

The prime minister, sharply criticised even within his own camp for failing to contain prices since he came to power in 2018, is due to present a new bill on Tuesday.

He urged other political parties to back the bill, which is expected to contain measures such as the automatic renewal of rental contracts and further restrictions on evictions.

But Sanchez's party lacks a majority in Spain's parliament, so it is unclear whether the package will be approved. A similar bill was defeated earlier this year.

"We are demanding that this decree-law be enacted, to protect the right to housing and prevent evictions," said Carlota, a 29-year-old protester who spend the night among the tents set up in the touristic square.

"We are living through a serious situation in Spain right now," said the woman, calling for "an end to putting capital and investment funds before people".

- Baffled tourists --

Abascal was forced to leave the apartment where she had lived for 70 years after a real estate firm acquired the property and raised the rent by 275 percent to 2,650 euros ($3,000), according to the Tenants Union.

The images of Abascal being carried from her home on a stretcher after police broke down her door caused widespread outrage and put the housing crisis centre-stage as the country approaches elections next year.

Beatriz Blanco, 37 and self-employed, told AFP she had encountered a similar situation in her own circle: "I have a friend whose 65-year-old mother had to move back in with her because she could no longer pay her rent, which had just been increased."

- 'Insane' prices -

She slammed property prices across the country as "completely insane".

Over the past decade, the average rental price per square metre in the country has almost doubled, reaching 15.10 euros ($17.05) per square metre in August, according to real estate portal Idealista. For buyers, it now stands at 2,355 euros, an increase of more than 50 percent over the same period, according to official figures.

"It's an utterly unsustainable situation," said Blanco, adding that she was ready to remain in the camp "at least for another night".

The under-fire Sanchez was scheduled to visit a social housing scheme in Barcelona on Monday afternoon. In the evening, a demonstration is due to take place there near the Congress Palace where he is expected to attend an awards ceremony.

On Sunday, he said his government would work tirelessly to present new housing measures as early as Tuesday, following a cabinet meeting.

Those measures will be closely scrutinized by activists and protesters alike.

"A strong message needs to be sent," Miriam Bue, spokesperson for the Spanish tenants' union, told AFP.

Bue said she expects "nothing" from the right-wing Popular Party, the regional authorities responsible for housing policy in Madrid.

Instead she hopes the left-wing central government will accept her organisation's proposal to introduce "open-ended rental contracts" instead of the current five-year terms.

"Otherwise, we will step up our movement," she warned.

(S.G.Stein--BBZ)