Tuesday, May 20, 2014

50,000 Spanish families lose homes in 2013...

A total of 49,694 families lost their homes, the Bank of Spain figures show.

Of these, 28,173 were evictions by court order, up 18.5 percent on 2012 figures.

Almost 80 percent of the properties involved were first homes, with the majority of these, 21,054, being seized on judges' orders.

A further 17,907 were given up voluntarily: in 13,178 cases the bank cleared the owners' outstanding debt (daciĆ³n en pago).

"The figures show evictions are still an alarming problem (in Spain), this doesn't happen anywhere else in Europe," a spokesperson for the country's anti-evictions lobby group PAH told Spanish daily 20minutos.

The PAH also claimed what the Bank of Spain called 'voluntary handovers' were also a form of eviction. Full story...

Related posts:
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  3. Spanish woman sets herself on fire inside bank...
  4. Elderly Spanish couple commits suicide over debts...
  5. While Spain's citizens are facing harsh austerity measures, its prime minister...

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