“Over
50,000 Spanish mortgage holders lost their houses between 2013 and
2014. Madrid’s recently elected left-wing mayor announced Tuesday
she had annulled eviction orders for 70 families living in social
housing, while preserving over 2,000 similar rental contracts.”
“Manuela
Carmena was elected earlier in May under the banner of a local
coalition Ahora Madrid, which included anti-austerity party Podemos,
with a program focused on protecting housing.”
“The
ruling conservative Popular Party (PP) had been governing the capital
for the past 24 years and the aftermath of the 2008 financial crisis
in Spain led to tens of thousands of families evicted from their
homes.”
“'There
were 70 processes under way, but today those families have recovered
their homes. Nobody is going to be thrown out on the street,' said
Carmena. The evictions followed a 2012 deal made by the Madrid social
housing body EMVS to sell five blocks of public housing to the
Spanish real estate developer Renta Corporacion for about US$24
million. The deal eventually fell apart, although tenants claimed
they were asked by EMVS to sign new contracts including a sell-by
date on their subsidized terms in the event of a sale, in order to
make the flats more attractive to sell to investment funds.”
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