A large number of Spaniards took to the streets of Barcelona on Saturday night to protest a housing crunch and the high cost of renting an apartment in the city.
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00:00Thousands of people took to the streets of Barcelona to demand a 50% drop in rents and
00:07to call for a housing strike if the situation does not improve.
00:11Authorities reported 22,000 attendees, whilst organizers claimed it was 126,000.
00:18The protest, organized by the tenants' union, carried the slogan,
00:23It's over in Catalan.
00:25The main demands include promoting indefinite contracts to put an end to blackmail and insecurity
00:31at the end of each contract, to recover housing for residential use and to prohibit speculative
00:37buy-in.
00:38A Bank of Spain report indicates that nearly 40% of Spanish renters spend an average of
00:4340% of their income on rent and utilities, compared to the EU average of 23%.
00:50The rally in Barcelona comes just over a month after thousands marched the streets
00:55of Madrid.