Spain · Fortune Technology
Urbagestión, an investment fund that later snapped up the unit, raised her monthly rent from 500 euros ($570) to 2,650 euros
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Courts blocked three previous attempts to evict her.
Key facts
- Urbagestión, an investment fund that later bought the unit, raised her monthly rent from 500 euros ($570) to 2,650 euros
- We’re here because housing is a problem that already affects all of society, all ages and classes,” said protester Dora Garcia, a 55-year-old nurse
- The protest came in reaction to the dramatic eviction on Wednesday of an 87-year-old woman from the Madrid apartment she had lived in for decades
- The building changed ownership in 2018, and Abascal was offered the opportunity to buy the apartment but could not afford it, according to the Madrid Tenants’ Union, which organized Saturday’s protest
Summary
Tens of thousands of people took to the streets in Madrid on Saturday to protest against Spain’s housing crisis and ask for protective measures for tenants, anti-fraud rules, and a ban on evictions without alternative housing. The protest came in reaction to the dramatic eviction on Wednesday of an 87-year-old woman from the Madrid apartment she had lived in for decades. “We’re here because housing is a problem that already affects all of society, all ages and classes,” said protester Dora Garcia, a 55-year-old nurse. Taken out of her home on a stretcher in the upscale Retiro neighborhood, María del Carmen Abascal was greeted by protesters and supporters as she was loaded into an ambulance. Spanish media reported that Abascal’s father first rented the property in 1956 and she continued as the tenant after her parents died, during which time there was a rent cap.