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Madrid Rent Protest Draws 100,000, Triggers €7B Housing Plan

5/24/2026

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Story summary
  • On May 24, 2026, thousands marched through central Madrid to protest soaring rents and a housing shortage.
  • Organisers from the Madrid Tenants' Union, backed by UGT and CCOO, claimed over 100,000 participants while the regional delegate estimated 23,000.
  • Protesters said rents have doubled in ten years, exceeding wages, and cited a 700,000-home shortage (2021-2025), prompting government to unveil a €7 billion housing plan and a €120 billion fund announced by Minister Pedro Sánchez.