Tag Archives: housing crisis

The housing crisis in SPAIN is affecting renters most. New figures show that three of four rental households are unable to afford the upfront costs for buying a home. According to a new report by the Bank of Spain, renters – especially young people and foreigners – are increasingly priced out of the housing market.  Many face what the report …

Malaga has seen a protest of up to 30,000 against Spain’s housing crises. Over the weekend, hundreds of thousands people across the country demanded urgent changes to the property laws. Demonstrators in 40 cities, including Sevilla, Valencia and Palma, united under the slogan ‘Let’s End the Housing Business’. The group called for immediate action against rising rents, the lack of …

WHEN 22-year-old Málaga student Elena’s parents were her age, they could easily afford to buy an apartment in the city.  Elena is now unable to afford rent and continues to live with her family at home, while working to pay for living expenses. “All my friends are in exactly the same situation.” She was among hundreds of thousands marching in …