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GgoogleES first seen 22 h ago, last 19 h ago, peak #1

Madrid's sale of public housing to vulture funds back in focus

Original: fondo buitre

Spanish media are revisiting the 2013 sale of thousands of public housing units in Madrid to vulture funds. elDiario.es reports that 1,860 public homes were sold off under then-mayor Ana Botella, while El HuffPost says 4,795 flats went to funds linked to Goldman Sachs and Blackstone, with tenants still living in them. Critics argue the deal deprived Madrid of social housing that is now sorely needed.

Why now: Renewed scrutiny of Madrid's 2013 privatisation of public housing amid Spain's ongoing housing crisis debate.

Ana BotellaGoldman SachsBlackstoneMadridelDiario.es

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