Spain's coalition government approved housing reforms following protests over the eviction of an 87-year-old woman from her Madrid home, including a ban on evictions until 2030. The measures, which include restrictions on short-term rentals and a ban on vulture funds, are set to address the country's housing crisis.
The reforms, announced by Health Minister Monica Garcia, aim to rebalance the market between citizens and vulture funds, with a focus on vulnerable tenants. The measures, which require parliamentary approval, face challenges due to the minority government's reliance on coalition partners.
The housing crisis has sparked widespread protests, with thousands camping in Madrid's Puerta del Sol square. The reforms include automatic renewal of leases and restrictions on investment firms buying property, though some political factions remain concerned about the impact on small landlords.
The government has 30 days to secure parliamentary consensus, with opposition parties highlighting concerns about the measures' impact on small property owners. The debate continues as activists and politicians push for comprehensive reforms to address the housing crisis.