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Real Estate

Navigate property ownership with confidence through market overviews, neighborhood considerations, rental tips, and home-buying guidance.

Real Estate

A Symbol of Spain’s Broken Housing Market: Evicted 87-Year-Old Dies, Igniting Countrywide Demonstrations

María del Carmen Abascal, an 87-year-old Spanish pensioner whose eviction sparked nationwide demonstrations against Spain's housing crisis, died on October 7, 2026. Known as Maricarmen, she had lived in her Madrid apartment since 1956 before being forcibly removed on September 23 following a prolonged dispute over her rental agreement. An agreement allowing her to return home was reached days later, but she died before leaving hospital. Her case prompted mass protests, intensified debates over rent controls and tenant protections, and contributed to Prime Minister Pedro Sánchez calling an early general election for November 29, 2026.

Elizabeth Smith • 18 min read
Real Estate

Real Estate Crisis in China: Why the Property Market Is Still Struggling in 2026

China's real estate crisis continues in 2026 as falling property investment, declining housing sales, developer debt, and unfinished residential projects weaken the country's economy. Official figures show that real estate development investment dropped 19.9% during the first eight months of 2026, while new commercial property sales declined 12.1% by floor area. Financial difficulties involving major developers such as Evergrande and Country Garden have damaged homebuyer confidence. Despite government support and new housing reforms, China's property market faces a difficult transition toward more sustainable development, with consequences for homeowners, banks, local governments, and the global economy.

Elizabeth Smith • 15 min read