Latest update: 20/06/2012 

- bailout - housing - Spain - subprime crisis


Spanish home repossessions go through the roof

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As the economic crisis deepens in Spain, homeowners are perhaps feeling the pain more than most. In recent months, as many as 200 families were being evicted from their homes every day, as their banks repossessed the properties. With many of these houses now in negative equity, those who've lost the roof over their heads find themselves still owing the bank the outstanding balance. But now a support group has started up to keep the bailiffs at bay

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By Adeline PERCEPT / Clément PERROUAULT / Sarah Morris
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