Times of India·3 min read·medium

Spain PM announces early election for November 29 amid anger over housing costs

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PRIYANKA JAISWAL
Spain PM announces early election for November 29 amid anger over housing costs
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Spanish Prime Minister Pedro Sánchez has called for an early general election on November 29 following the parliamentary rejection of his housing crisis measures. The decision comes amid widespread public protests against rising rents and evictions.

Why it matters

The election reflects the political instability caused by the housing affordability crisis in Europe.

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Spanish prime minister Pedro Sánchez has called an early general election for November 29 after parliament rejected his government's emergency measures aimed at tackling the country's housing crisis. The move comes amid growing public anger over unaffordable rents, evictions and rising housing costs.Tens of thousands of people took to the streets in Madrid and around 50 other Spanish cities on Saturday, demanding stronger action on the housing crisis. Around 70,000 people joined the Madrid demonstration, according to the Spanish government, with some protesters carrying posters calling for a general strike.Housing measures rejected in parliamentThe protests followed Friday's defeat of government measures introduced after the eviction of an 87-year-old woman in Madrid triggered widespread public anger.The proposals included measures to prevent the eviction of vulnerable people, discourage property speculation and provide tax incentives to encourage renting.A second decree sought…

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