Protests in spain over evictions

There have been protests taking place all over Spain against evictions being carried out because homeowners have fallen behind on mortgage payments.

Reuters reported that people have been fighting against rising unemployment, which has resulted in many households struggling with their bills.

Property prices in Spain have dropped significantly since their peak, which means a lot of people now owe more than their home is worth.

Analyst at Idealista.com Fernando Encinar told the news provider that the problems have arisen because "Spain has been so much more exposed to the property bubble", which has been compounded by falling values and rising job losses.

Source: Property Showrooms