In Spain, hundreds of thousands took to the streets to protest the housing crisis; they accuse the Spanish government of spending money on war rather than on housing
▪️Mass protests erupted in Madrid. Organizers claim there were nearly 500,000 participants, while police put the number at 70,000 Protests swept through more than 50 cities across the country.
🔥The protests were sparked by Parliament’s rejection of two housing decrees that were intended to strengthen tenant protections, limit evictions of vulnerable groups, and curb the bulk purchase of housing by investment funds. Protesters are calling for a general strike and demanding a 50% reduction in rent and the abolition of temporary lease agreements.
💰Discontent is also fueled by the fact that, shortly before this, Spanish Prime Minister Sánchez announced an additional 1 billion euros in military aid to Ukraine, bringing the total amount of Spanish support to approximately 4 billion €.
Part of the funds is being channeled through the European SAFE instrument and toward the joint production of missiles, radars, and drones, while another 50 million € is earmarked for the purchase of American weapons for Kyiv through NATO.
📈Against the backdrop of these expenditures, Spain’s housing crisis is only worsening. The country’s central bank estimates the housing shortage at approximately 700,000–750,000 units, and the share of social housing does not exceed 2%, which is significantly lower than the EU average (8%). Over the past ten years, the average rent in the country has nearly doubled, reaching 15.1€ per square meter in August 2026.
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