Madrid mayor vows to block home evictions of 2,000 families

Public housing tenants faced losing their homes to so-called vulture fund investors

LAST UPDATED: 2 Aug, 2015 @ 09:23
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CARMENA: Madrid’s new mayor represents independent party Ahora Madrid

MADRID’S new left-wing mayor Manuela Carmena has moved to prevent the repossession of more than 2,000 social rental properties.

Since 2012, Madrid’s social housing body has tried to sell the public housing blocks to private investors.

Throughout the process, tenants have been pressured to sign new contracts that would push them out of their homes in the event of a sale.

Almost as many as 70 families had already been issued eviction notices but Carmena has overturned those orders and moved to protect the remaining families from similar orders.



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