Spain | Rent Hike Causes Hundreds of Thousands to Take to the Streets in Protest
- byVic

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Last weekend, mass protests erupted in around 40 cities in Spain, with hundreds of thousands of people protesting against skyrocketing rents and the housing crisis caused by an increase in tourists. The Madrid Tenant Union stated that 150,000 people participated in the protests on April 5, with the motto "Whoever is in power must defend the right to housing." According to the real estate website Idealista, property prices in Spain have risen by 44% over the past decade, and rents have even doubled, becoming disconnected from wage growth, while the supply of rental housing has halved since the COVID-19 pandemic began in 2020.
Last weekend, around 40 cities in Spain saw hundreds of thousands of people gather to protest, expressing their dissatisfaction with the continuous rise in rents, which, coupled with the rapid increase in tourists, has further exacerbated the housing crisis. Local tenant unions in Madrid indicated that about 150,000 people took to the streets on April 5, shouting slogans like "Regardless of who is in power, the right to housing must be defended." According to data from real estate websites, housing prices in Spain have risen by 44% over the past decade, while rents have doubled, far exceeding the increase in wages. Furthermore, since the COVID-19 pandemic began in 2020, the availability of rental housing in Spain has decreased by half.