Sit down for Housing

April 28th, 2006

YOUNG people in Spain are planning a mass sit-down to complain about property prices. Fixed for 5pm on Sunday, May 14, the demonstration will affect every town in the country.

As one young internet agitator put it: “All we want is a home fit to live in, where we can start a family, without having to hand over half our income for the privilege.” No particular interest group or political movement has initiated this protest. It appears to be a genuine groundswell of youthful opinion, galvanised through the modern electronic media.

And well might Spanish youngsters complain. The numbers make depressing reading. A study carried out by ‘Creditaria’, a major accountancy firm, has shown that the price of a tiny ‘starter flat’ is the equivalent of 9.3 years’ worth of salary for the average young couple.

story from euro weekly news.


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