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Protesters blame 'vulture funds' for Spain's housing crisis

Hundreds have pitched their tents in central Madrid, while the Spanish prime minister has called a snap election.

Tarun Mottlia

Via BBC News

·Excerpt
Protesters blame 'vulture funds' for Spain's housing crisis
Image: Image caption, Jorge Moreno (left) says "vulture funds" are hiking up rents, while Pierina Nicuray points out that there is "a lack of homes" in Spain

Pierina Nicuray, a 21-year-old university graduate, has spent a week camped out in Madrid's Puerta del Sol square.

Like many of the hundreds of others who have pitched their tents here to protest at Spain's housing crisis, she has no doubts when it comes to diagnosing the cause.

"It's the same problem as always," she says. "A lack of homes."

She adds: "Landlords are taking advantage of the situation to raise rentals, and then there's also Airbnb."

Jorge Moreno is…

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