Tens of thousands of people took to the streets in Madrid to demand action on Spain’s worsening housing crisis, with calls for a general strike growing louder. Meanwhile, police intervened at a property fair in Valencia where demonstrators were protesting against rising rents and real estate speculation. The protests signal mounting public pressure on Spanish politicians to introduce more decisive housing measures. For international buyers on the Costa Blanca, it is worth noting that the unrest is primarily focused on the rental market in major cities rather than the purchase market in coastal areas. However, sustained social pressure could eventually translate into new legislation with broader implications for the Spanish property market as a whole.

Source: SpanjeVandaag

Summarised in our own words by JARVIS. Read the full article via the source link.