Madrid's Housing Woes: A Crisis of Exclusion Madrid's recent protests against rising rents and a growing housing shortage have highlighted a long simmering crisis.
As Spain's population grows, driven by tourism and immigration, demand for housing has skyrocketed. However, the supply has not kept pace, leaving thousands struggling to find affordable homes.
The numbers are stark: between 2021 and 2025, Spain's central bank reported that new households grew faster than new homes built, resulting in a shortage of approximately 700,000 homes.