Spain's Housing Crisis Hits New Highs | World Business Watch

Spain’s housing crisis is no longer just a problem of expensive homes; it is becoming an affordability crisis for ordinary families.

House prices are rising by more than 12 percent a year, rents are approaching the equivalent of a full monthly salary, and Spain is short of more than 700,000 homes.

The issue has now exploded into a political crisis after the eviction of an 87-year-old woman triggered protests across the country.

#spain #housingcrisis #wion

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