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Spain PM to make public address after housing measures rejected: office

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In Short: Spain has been operating under its 2023 budget, the last national spending plan passed by Sanchez's government, for several years.

LIVE: Spain PM Sanchez Addresses Nation After Housing Measures Defeated in Parliament | APT
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Spanish Prime Minister Pedro Sanchez will deliver a televised address on Monday at 9:00 am (0800 GMT) from his official residence, la Moncloa, his office announced. The speech comes amid speculation that Sanchez may call for early elections following the rejection of his government's proposed housing measures.

Sanchez's government had proposed measures that included automatic renewal of tenancy contracts and restrictions on evicting vulnerable tenants. However, these measures were voted down by opposition parties in Spain's parliament.

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Spain has been operating under its 2023 budget, the last national spending plan passed by Sanchez's government, for several years. Average rents in Spain have nearly doubled over the past decade, while asking prices for homes have risen by about 90 percent, according to real estate website Idealista.

Tens of thousands of protesters marched in Madrid and other cities on Saturday to demand affordable housing. Demonstrators set off flares and carried signs calling for protective measures for tenants, anti-fraud rules, and a ban on evictions without alternative housing.

Protesters also camped in Madrid’s Puerta del Sol, with some saying they would remain until Tuesday, when the government’s cabinet is expected to discuss the housing crisis and announce new measures.

A spokesperson for the Valencia Tenants' Union said, “There is a lot of anger in the streets.” Public broadcaster RTVE reported that nine police officers were injured and five people were arrested during the protests.

The union is calling for a general strike over the housing crisis.

Barcelona and Madrid are Spain's most expensive cities to rent a home, at €23.80 per square metre and €22.70 per square metre respectively.

The protests and Sanchez's upcoming address highlight the growing pressure on the government to address the housing crisis.

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