Veytics Intelligence
2026-09-23 · CO

Dramatic eviction of woman aged 87 highlights Spain's housing shortage

The dramatic eviction of an 87-year-old woman from the home in Madrid where she lived for seven decades has drawn attention to the depth of Spain's housing crisis. The tenant of the flat in the Retiro area of central Madrid, Maricarmen, was unable to pay the rent set by the investment firm that owns it. Maricarmen's father first rented the property in 1956 and she continued as the tenant after her parents died, during which time there was a cap on the rent. However, the company that bought the property in 2018, Urbagestión, cited a legal glitch allowing it to raise her rent from €500 (£428; $572) to €2,650. It subsequently lowered the new rent to €1,650 but Maricarmen was still unable to pay it with her monthly pension of €1,350.

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