Tens of Thousands Protest High Rents in Barcelona Housing Crisis
Protesters demand a 50% rent reduction, greater tenant protections, and an end to speculative housing practices in Spain's second-largest city.
- Demonstrations in Barcelona drew between 22,000 and 170,000 participants, according to police and organizers, highlighting widespread frustration over unaffordable housing.
- Protesters called for rent reductions of 50%, indefinite lease terms, and the repurposing of tourist accommodations and empty properties for local residents.
- The housing crisis is fueled by soaring rental prices, which have nearly doubled in the past decade, while wages have only increased by 17%.
- Tourism and foreign investment in real estate, often linked to visa incentives, have been cited as key drivers of gentrification and rising rents in Barcelona.
- Similar protests have occurred across Spain, reflecting a broader national housing emergency, with nearly 40% of renters spending over 40% of their income on housing costs.