The problem of rental prices in Spain has become one of the biggest obstacles for the population, stuck in a situation in which Salaries are not enough to cover the cost of renting the house. accommodation. It is a problem that mainly affects large cities, with Madrid being one of the epicenters of this real estate crisis. In a context where wages are increasing at a much slower rate than rent prices and The Government is not building housing at the pace the country is evolvingmore and more people see their ability to emancipate themselves or live with dignity frustrated without having to spend most of your income on a house payment.
According to the study “Relationship between salaries and rental housing in 2023”, carried out by Infojobs and Fotocasa, last year Spaniards spent up to 43% of their gross salary only on rent and, in the case of young people, this figure rises to a staggering 92.1% when they try to rent accommodation on their own, according to the corresponding report for the second half of 2023 from the Emancipation Observatory of the Spanish Youth Council. This situation has caused widespread discontent, which is why the Madrid Tenants’ Union has called a demonstration to demand urgent measures from the government to stop price rises.
Demonstration calendar
The demonstration, which will take place under the slogan “It’s over. Let’s lower the rents”, will be a call which aims to mobilize the masses to defend the right to housing at a decent price. The event will take place today, Sunday October 13, and those wishing to participate in the demonstration should go to Emperor Charles V Squarenear Atocha station, 12:00 p.m..
‼️ ON OCTOBER 13 WE TAKE THE STREETS
We have been paying for the housing crisis for a long time. While the vast majority suffer to make ends meet, a minority gets rich at the expense of our work. But we are clear: IT IS OVER.
– Madrid Tenants Union (@InquilinatoMad) September 24, 2024
The objective of the demonstration is pressure government and local authorities to take effective measures to ease the economic burden What does it mean to rent accommodation in the capital? In addition to the organizing union, organizations such as the Platform of People Affected by Mortgages (PAH), Amnesty International and the CCOO and UGT unions, among other entities, will join the march to demand an improvement in the living conditions of tenants.
Itinerary
The route of the demonstration will begin in the Plaza del Emperador Carlos V, near the Atocha station, one of the nerve centers of the capital. From there, the demonstrators will advance along the Prado promenade heading towards the Cibèle Square.
After reaching Cibeles, the protest will continue its journey through the Alcala Streetone of the main axes of the center of Madrid, until culminating in the Callao Squarewhere the final event of the day will take place.
traffic cuts
Throughout the route, authorities have planned traffic closures on the aforementioned streets. Citizens are recommended to avoid the use of private vehicles in these areas. And use public transport.
