Spain’s housing crisis prompted thousands of demonstrators to rally in central Madrid on Sunday (24 May), protesting rising rents, property prices, and housing shortages affecting many residents across Spain.
The protests add pressure on Prime Minister Pedro Sánchez and his Socialist-led government ahead of the country’s 2027 general election, as affordability concerns intensify in major cities including Madrid and Barcelona.
Key developments included:
- Spain approved a €7 billion housing plan aimed at expanding public housing and supporting young renters and buyers.
- Housing costs increased by nearly 13% year-on-year at the end of 2025, according to Eurostat.
- The Bank of Spain estimates the country faces a shortage of around 700,000 homes.
- Protesters called for tighter regulation of tourist rentals amid record international tourism levels.
Demonstrators also criticised failed parliamentary efforts to extend temporary rent freezes, arguing current measures remain insufficient.
ℹ️ AP News
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