*Update - Mari Carmen has now sadly died. Listen about what largely caused her death

Spain has a general election on Sunday 29 November, after an 87-year-old woman was evicted from her home in Madrid, protests spread across the country and Congress rejected two emergency housing decrees. Graham covers what happened, the protest in Valencia, what the official statistics say about foreign buyers in Valencia, and why he does not expect prices to fall.

In this episode

  • The election call for Sunday 29 November.
  • The Mari Carmen case: the eviction on 23 September, the protests in cities across Spain, the Madrid march and the agreement that lets her go home.
  • The two housing decrees and the vote in Congress on Friday 2 October.
  • Graham's own take on the election.
  • The housing march in Valencia on Saturday 3 October, which ended at a property investment conference.
  • How many foreigners buy in Valencia, using the registry and Ministry of Housing figures, and where American buyers fit.
  • Why prices are not falling: land, licences, smaller households and cheap fixed mortgages.
  • A client who offered 16 per cent under the asking price and lost the property to a 4 per cent discount.
  • Why we still write blogs and make podcasts.

Blog posts and articles mentioned

Data sources behind the buyer figures

These are the sources cited in the foreigners post.

News coverage used for the Spanish politics

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